A New Assessment of the Non-Accelerating Inflation Rate of Unemployment and Capacity Utilization in Tunisia

The empirical developments made by Phillips are at the origin of theoretical orientations highlighting the capacity utilization rate in relation to inflation. It is in this innovative framework that our research whose focus seems to be varied but we tried to concentrate on the comparison between inf...

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Main Author: Kamel Helali
Format: Article
Language:English
Published: Editura ASE Bucuresti 2018-06-01
Series:Romanian Economic Journal
Subjects:
Online Access:http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2018-06-29/3513/4-helali.pdf
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spelling doaj-053ebf84e8394092ae8c43f9a186a6302020-11-24T22:30:23ZengEditura ASE BucurestiRomanian Economic Journal1454-42962286-20562018-06-01XXI685477A New Assessment of the Non-Accelerating Inflation Rate of Unemployment and Capacity Utilization in TunisiaKamel Helali0Faculty of Economics and Management of Sfax, University of Sfax. E-mail address: kamel.helali@fsegs.usf.tnThe empirical developments made by Phillips are at the origin of theoretical orientations highlighting the capacity utilization rate in relation to inflation. It is in this innovative framework that our research whose focus seems to be varied but we tried to concentrate on the comparison between inflation-unemployment relationships through the NAIRU on the one hand, and the inflation-capacity utilization relationship through the NAIRCU on the other hand. Therefore, the degree of asymmetry between NAIRU and NAIRCU becomes particularly important when the economy operates at an unemployment rate far away from the NAIRU or a capacity utilization rate much higher than the NAIRCU.http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2018-06-29/3513/4-helali.pdfCapacity utilizationPhillips curveNAIRUNAIRCUTunisian economy
collection DOAJ
language English
format Article
sources DOAJ
author Kamel Helali
spellingShingle Kamel Helali
A New Assessment of the Non-Accelerating Inflation Rate of Unemployment and Capacity Utilization in Tunisia
Romanian Economic Journal
Capacity utilization
Phillips curve
NAIRU
NAIRCU
Tunisian economy
author_facet Kamel Helali
author_sort Kamel Helali
title A New Assessment of the Non-Accelerating Inflation Rate of Unemployment and Capacity Utilization in Tunisia
title_short A New Assessment of the Non-Accelerating Inflation Rate of Unemployment and Capacity Utilization in Tunisia
title_full A New Assessment of the Non-Accelerating Inflation Rate of Unemployment and Capacity Utilization in Tunisia
title_fullStr A New Assessment of the Non-Accelerating Inflation Rate of Unemployment and Capacity Utilization in Tunisia
title_full_unstemmed A New Assessment of the Non-Accelerating Inflation Rate of Unemployment and Capacity Utilization in Tunisia
title_sort new assessment of the non-accelerating inflation rate of unemployment and capacity utilization in tunisia
publisher Editura ASE Bucuresti
series Romanian Economic Journal
issn 1454-4296
2286-2056
publishDate 2018-06-01
description The empirical developments made by Phillips are at the origin of theoretical orientations highlighting the capacity utilization rate in relation to inflation. It is in this innovative framework that our research whose focus seems to be varied but we tried to concentrate on the comparison between inflation-unemployment relationships through the NAIRU on the one hand, and the inflation-capacity utilization relationship through the NAIRCU on the other hand. Therefore, the degree of asymmetry between NAIRU and NAIRCU becomes particularly important when the economy operates at an unemployment rate far away from the NAIRU or a capacity utilization rate much higher than the NAIRCU.
topic Capacity utilization
Phillips curve
NAIRU
NAIRCU
Tunisian economy
url http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2018-06-29/3513/4-helali.pdf
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