References BALL, Laurence, MANKIW, Gregory N. The NAIRU in Theory and Practice. NBER Working Paper, No. 8940, May 2002. BITANS, Martins, SLAKOTA, Dace, TILLERS, Ivars. Price Dynamics in Latvia – Experience and Future Prospects. Riga : Bank of Latvia Working Paper No. 1, 2001. CORRADO, Carol, MATTEY, Joe. Capacity Utilization. Journal of Economic Perspectives, vol. 11, issue 1, Winter 1997, pp. 151–167. DENIS, Cecile, Mc MORROW, Kieran, ROGER, Werner. Production Function Approach to Calculating Potential Growth and Output Gaps – Estimates for the EU Member States and the US. European Commission Economic Papers, No. 176, September 2002. ELMESKOV, Jorgen. High and Persistent Unemployment: Assessment of the Problem and Its Causes. OECD Economics Department Working Paper, No. 132, 1993. FRIEDMAN, Milton. The Role of Monetary Policy. American Economic Review, vol. 58, No. 1, March 1968, pp. 1–17. GORDON, Robert J. The Time-Varying NAIRU and Its Implications for Economic Policy. Journal of Economic Perspectives, vol. 11, issue 1, Winter 1997, pp. 11–32. HANSEN, Morten, PANCS, Romans. The Latvian Labour Market in Transition: The Beveridge and Phillips Curves as Indicators of Normalization. BICEPS Working Paper, 2001. HUME, David. Of Money, essay, 1752. LLAUDES, Ricardo. The Phillips Curve and Long-term Unemployment. ECB Working Paper, No. 441, February 2005. LOGEAY, Camille, TOBER, Silke. Time-varying Nairu and Real Interest Rates in the Euro Area. European Network of Economic Policy Research Institutes Working Paper, No. 24, October 2003. MASSO, Jaan, STAEHR, Karsten. Inflation Dynamics and Nominal Adjustment in the Baltic States. Faculty of Economics and Business Administration, University of Tartu (Estonia) Working Paper, No. 35, 2005. Mc MORROW, Kieran, ROEGER, Werner. Time-varying Nairu/Nawru Estimates for the EU's Member States. DG ECFIN Economic Paper, No. 145, September 2000. McELHATTAN, Rose. Estimating a Stable-Inflation Capacity-Utilization Rate. Economic Review, Federal Reserve Bank of San Francisco, Fall 1978, pp. 20–30. McELHATTAN, Rose. Inflation, Supply Shocks and the Stable-Inflation Rate of Capacity Utilization. Economic Review, Federal Reserve Bank of San Francisco, Winter 1985, pp. 45–63. MELIHOVS, Aleksejs, ZASOVA, Anna. Estimation of the Phillips Curve for Latvia. Riga : Bank of Latvia Working Paper No. 3, 2007. NAHUIS, Niek J. An Alternative Demand Indicator: the 'Non-accelerating Inflation Rate of Capacity Utilization'. Applied Economics, vol. 35, issue 11, July 2003, pp. 1339–1344. PHILLIPS, Alban William. The Relation between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861–1957. Economica, vol. 25, No. 100, November 1958, pp. 283–299. ROMER, David. Advanced Macroeconomics. New York : McGraw-Hill Companies, Inc., 1996, pp. 222–232. SAMUELSON, Paul A., SOLOW, Robert M. Analytical Aspects of Anti-Inflation Policy. American Economic Review, vol. 50, No. 2, May 1960, pp. 177– 194. STAIGER, Douglas, STOCK, James H., WATSON, Mark W. The NAIRU, Unemployment and Monetary Policy. Journal of Economic Perspectives, vol. 11, issue 1, Winter 1997, pp. 33–49. TURNER, Dave, BOONE, Laurence, GIORNO, Claude, MEACCI, Mara, RAE, Dave, RICHARDSON, Pete. Estimating the Structural Rate of Unemployment for the OECD Countries. OECD Economic Studies, No. 33, 2001, pp. 171–216.