Blar i Norges Banks publikasjonsserier / Norges Bank publication series på emneord "natural rate"
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Testing Steady-State Implications for the NAIRU
(Working Papers;3/2000, Working paper, 2000)Estimates of the NAIRU are usually derived either from a Phillips curve or from a wage curve. This paper investigates the correspondence between the operational NAIRU-concepts and the steady state of a dynamic wage-price ...