The Phillips curve and NAIRU revisited

Abstract

"Starting in 2006 the German economy currently experiences a cyclical revival which spreads to the labor market. Unemployment decreases markedly and regular employment rises. At present, virtually all professional forecasts expect this upswing to continue in the foreseeable future." (Author's abstract, IAB-Doku) ((en))

Cite article

Fitzenberger, B., Franz, W. & Bode, O. (2007): The Phillips curve and NAIRU revisited. New estimates for Germany. (Kieler Arbeitspapier 1344), Kiel, 55 p.