声明
List of Abbreviations
Chapter 1.INTRODUCTION
1.1.1 Background
1.1.2Significance of study
1.2 Research design
1.2.1 Objectives of Study
1.2.2Questions of study
1.2.3Technological roadmap
1.3Content of research
1.4 Innovation of study
Chapter 2.LITERATURE REVIEW
2. 1Theoretical literature
2.1.1 Conventional demand pull inflation
2.1.2 Market power theory of inflation
2.1.3 Structural theories of inflation
2.1.4Implicit contract theory
2.1.5Classical unemployment theory
2.1.6Keynesian theory of unemployment
2.2Empirical Literature
2.2.1 Inflation-unemployment literature
2.2.2 Unemployment-growth literature
2.2.3 Growth-inflation literature
2.2.4 Nonlinear literature
2.3Home grown literature
2.4Synopsis of the literature
Chapter 3.METHODOLOGY
3.1 Hypothesis
3.1.1Conceptual framework
3.2 Data setand Nonlinearity tests
3.2.1 Dataset
3.2.2Nonlinearity test tools
3.3Model building
3.3.1 Correlation investigation model
3.3.2Generalized-ARCH model and the Rolling Window regression model
3.3.3 Nonlinearmodels: Threshold regression and Markove Switching regression
3.3.4 Asymmetric model:Nonlinear-ARDL
Chapter 4.RESULTS AND ANALYSIS
4.1 Descriptive statistics and unit root test finding analysis
4.1.1 Descriptive statistics
4.1.2 Unit root test
4.2 Correlation finding analysis
4.2.1 Inflation-unemployment findings
4.2.2 Unemployment-output findings
4.3 Volatility and Persistence finding analysis
4.3.1 Inflation Volatility (and uncertainty)findings
4.3.2 Unemployment Persistence findings
4.4 Nonlinearities; Of inflation, output and unemployment in the macroeconomic environment
4.4.1 Threshold regression findings
4.4.2 Markove Switching Regime auto regression (MSR)findings
4.5 Asymmetries finding analysis
4.5.1 Inflation-unemployment and Unemployment-output asymmetric relationship
4.5.2Application of asymmetries: Determining factors of the asymmetric labor market
Chapter 5.DISCUSSION AND CONCLUSION
5.1Discussion of results
5.1.1Correlation analysis discussion
5.1.2 Inflation volatility and unemployment persistence discussion
5.1.3 Nonlinearity Discussion: Threshold regression and the MSR findings
5.1.4 Asymmetric expedition of the businesscycle effects discussion
5.2 Conclusion
Chapter 6.RECCOMENDATION AND PROSPECTS
6.1 Policy recommendation
6.2Application of the study
6.3Limitation of study and area of further search
参考文献
Appendix
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