inflation

Unemployment and inflation in Western Europe: solution by the boundary element method

JEL codes: 
J21, J64
Keywords: 
inflation, unemployment, labor force, boundary integral method, prediction, Western Europe
Version Date: 
May 2009
Author/s: 
Ivan Kitov
Abstract: 

Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in Austria, Italy, the Netherlands, Sweden, Switzerland, and the United States as a function of inflation and the change in labor force.

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Granger Causality of the Inflation-Growth Mirror in Accession Countries

JEL codes: 
C22, E31, O42
Keywords: 
Granger causality, growth, inflation, structural breaks, transition, VAR, velocity
Version Date: 
Dec 2004
Author/s: 
Anton Nakov, Max Gillman
Abstract: 

The Paper presents a model in which the exogenous money supply causes changes in the inflation rate and the output growth rate. While inflation and growth rate changes occur simultaneously, the inflation acts as a tax on the return to human capital and in this sense induces the growth rate decrease.

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