Costas, Milas (2013) A (simple) justification for Carney’s “7% unemployment rate threshold”. British Politics and Policy at LSE (27 Aug 2013). Website.
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Abstract
Looking at the change in the UK inflation rate against the UK unemployment rate over the 1971-2012 period, Costas Milas examines the implications of the Bank of England’s forward guidance and why the 7% threshold was chosen. The empirical results offer support to the recent decision by Mark Carney and his MPC colleagues.
| Item Type: | Online resource (Website) |
|---|---|
| Official URL: | http://blogs.lse.ac.uk/politicsandpolicy |
| Additional Information: | © 2013 The Author(s) CC BY-NC-ND 3.0 |
| Divisions: | LSE |
| Subjects: | H Social Sciences > HC Economic History and Conditions H Social Sciences > HJ Public Finance H Social Sciences > HV Social pathology. Social and public welfare. Criminology J Political Science > JF Political institutions (General) J Political Science > JN Political institutions (Europe) > JN101 Great Britain |
| Date Deposited: | 08 May 2017 15:03 |
| Last Modified: | 13 Sep 2024 18:50 |
| URI: | http://eprints.lse.ac.uk/id/eprint/76011 |
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