Concept, Measurement and Policy Implications of the NAIRU: Perspective from Belgium
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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The use of the NAIRU-concept is not very widespread in Belgium. This may be partly due to an observed unemployment rate that is probably significantly higher than the NAIRU for most of the past two decades. Government policy to halve the administrative notion of unemployment by the beginning of the next century has therefore little regard for the...
