The Active Role of the Natural Rate of Unemployment during Cyclical Recoveries
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- Hall, Robert & Kudlyak, Marianna, 2023. "The Active Role of the Natural Rate of Unemployment during Cyclical Recoveries," CEPR Discussion Papers 18544, C.E.P.R. Discussion Papers.
- Robert E. Hall & Marianna Kudlyak, 2023. "The Active Role of the Natural Rate of Unemployment during Cyclical Recoveries," Working Paper Series 2023-33, Federal Reserve Bank of San Francisco.
References listed on IDEAS
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More about this item
Keywords
business cycle; recovery; unemployment; recession; monetary policy; natural rate of unemployment; inflation anchor; NAIRU;All these keywords.
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2023-12-04 (Banking)
- NEP-CBA-2023-12-04 (Central Banking)
- NEP-LAB-2023-12-04 (Labour Economics)
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