British Unemployment and Monetary Policy

15 Pages Posted: 2 Aug 2005

See all articles by Sushil Wadhwani

Sushil Wadhwani

Bank of England - Monetary Policy Committee

Abstract

In this speech, Sushil B. Wadhwani, member of the Bank's Monetary Policy Committee, argues that the NAIRU has fallen significantly over the last decade. However, the evidence suggests that the NAIRU today is probably higher than it was in the 1960s, but is likely to be heading lower because of factors like the Internet.

Suggested Citation

Wadhwani, Sushil, British Unemployment and Monetary Policy. Bank of England Quarterly Bulletin, February 2000. Available at SSRN: https://ssrn.com/abstract=764204

Sushil Wadhwani (Contact Author)

Bank of England - Monetary Policy Committee ( email )

Threadneedle Street
London EC2R 8AH
United Kingdom
+44 20 7601 3235 (Phone)

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