Changing Natural Rate of Unemployment : Policy Issues.

Describes the concept of a natural rate of unemployment and examines its relationship to monetary policy and inflation. Analyzes whether the natural rate changes over time; potential causes of a falling natural rate in the 1990s; role of the natural rate in jobless recovery; alternative theories reg...

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Bibliographic Details
Corporate Authors: Library of Congress. Congressional Research Service, ProQuest (Firm)
Format: eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified], 2004.
Series:U.S. Congressional Research.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Describes the concept of a natural rate of unemployment and examines its relationship to monetary policy and inflation. Analyzes whether the natural rate changes over time; potential causes of a falling natural rate in the 1990s; role of the natural rate in jobless recovery; alternative theories regarding the effect of monetary policy on unemployment; methods for estimating the natural rate; and whether the natural rate concept is useful in policymaking.
Item Description:Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Nov. 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Electronic resource.
Physical Description:1 online resource.