Estimating Pakistan’s Time Varying Non-Accelerating Inflation Rate of Unemployment: An Unobserved Component Approach

Estimating Pakistan’s Time Varying Non-Accelerating Inflation Rate of Unemployment: An Unobserved Component Approach

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This paper envisages estimating the Time-Varying Non-Accelerating Inflation Rate of Unemployment (TV-NAIRU) as an unobserved stochastic variable for Pakistan over the time period 1973-74 to 2007-08 using Kalman filter. Results of the study are evident that TV-NAIRU increased from 5.3 percent (1990-9...

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Bibliographic Details
Main Authors: Farzana Shaheen, Azad Haider, Sajid Amin Javed
Format: Article
Language:English
Published: EconJournals 2011-12-01
Series:International Journal of Economics and Financial Issues
Subjects:
pakistan
unemployment
inflation
nairu
phillips curve
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/31951/351804?publisher=http-www-cag-edu-tr-ilhan-ozturk

Internet

https://dergipark.org.tr/tr/pub/ijefi/issue/31951/351804?publisher=http-www-cag-edu-tr-ilhan-ozturk

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