Differences between the Natural Rate of Unemployment and the NAIRU — The Natural Rate of Unemployment (NRU) is the equilibrium level of unemployment to which the economy tends, as defined by Milton Friedman s misperception model of labour markets. This model assumes that, in the long run, labour markets clear (i.e … Wikipedia
Natural rate of unemployment (monetarism) — The natural rate of unemployment (sometimes called the structural unemployment rate) is a concept of economic activity developed in particular by Milton Friedman and Edmund Phelps in the 1960s, both recipients of the Nobel prize in economics. In… … Wikipedia
NAWRU — ist die Abkürzung für das Konzept der non accelerating wage rate of unemployment . Es beschreibt das Niveau der Arbeitslosenquote bei welcher kein Inflationsschub durch Lohnerhöhungen ausgelöst wird. Die NAWRU wird folgendermaßen berechnet:… … Deutsch Wikipedia
NAWRU — Le NAWRU est l abréviation du terme anglais Non accelerating wage rate of unemployment, c est à dire « taux de chômage ne provoquant pas une accélération de la croissance des salaires ». C est un concept proche du taux de chômage n… … Wikipédia en Français
Taux de chômage n'accélérant pas les salaires — NAWRU Le NAWRU est l abréviation du terme anglais Non accelerating wage rate of unemployment, c est à dire « taux de chômage ne provoquant pas une accélération de la croissance des salaires ». C est un concept proche du taux de chômage… … Wikipédia en Français
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
Phillips curve — The Phillips curve is a historical inverse relation between the rate of unemployment and the rate of inflation in an economy. Stated simply, the lower the unemployment in an economy, the higher the rate of increase in wages paid to labor in that… … Wikipedia
Unemployment — World unemployment rates[1] as of January 2009[update] Unemployment (or … Wikipedia
ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… … Encyclopedia of Judaism
NAIRU — In monetarist economics, particularly the work of Milton Friedman, NAIRU is an acronym for Non Accelerating Inflation Rate of Unemployment,[1] and refers to a level of unemployment below which inflation rises. It is widely used in mainstream… … Wikipedia
Inflation — This article is about a rise in the general price level. For the expansion of the early universe, see Inflation (cosmology). For other uses, see Inflation (disambiguation). Inflation rates around the world in 2007 … Wikipedia