Review of Kalman Filter Employment in the NAIRU Estimation

The aim of the paper is to provide a recent overview of Kalman filter employment in the non-accelerating inflation rate of unemployment (NAIRU) estimation. The NAIRU plays a key part in an economic system. A certain unemployment rate which is consistent with a stable rate of inflation is one of the...

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Bibliographic Details
Main Authors: Katerina Fronckova, Pavel Prazak, Ivan Soukal
Format: Article
Language:English
Published: MDPI AG 2019-06-01
Series:Systems
Subjects:
Online Access:https://www.mdpi.com/2079-8954/7/3/33