Wpływ stopy bezrobocia na decyzje monetarne
The Impact of the Unemployment Rate on Monetary Decisions
Author(s): Agnieszka Przybylska-MazurSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Krakowie
Keywords: natural unemployment rate; equilibrium model inflows and outflows from unemployment in terms of stream; moving averages; monetary decisions; unemployment gap rule
Summary/Abstract: Unemployment is an important macroeconomic variable. Decision-makers should strive to maintain the unemployment rate at a natural rate. However, estimating the natural unemployment rate is not such a straightforward process. In this article I analyse the impact of selected methods of estimating the natural unemployment rate on monetary decisions. Some of these methods are based on averages and others on analysis of unemployment rate fluctuations.
Journal: Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie
- Issue Year: 895/2012
- Issue No: 19
- Page Range: 103-116
- Page Count: 14
- Language: Polish
