'Natural rate hypothesis' presentation slideshows

NAIRU Estimation in Romania ( including a comparison with other transition countries)

1.1k views • 59 slides

We turn to short-run output , the gap between actual GDP and potential GDP

We turn to short-run output , the gap between actual GDP and potential GDP Fluctuations in economic activity can be costly The rate of inflation tends to decline when the economy is in a recession We study a simple model to understand these short-run patterns

485 views • 19 slides

The Policy Debate: Active or Passive

The Policy Debate: Active or Passive. Summary of Activist Position. Active policy associates a high cost with the failure to pursue a discretionary policy

1.08k views • 17 slides

The Phillips Curve: 1900 - 1960

337 views • 12 slides

The NAIRU controversy

84 views • 7 slides