{"id":"https://openalex.org/W2005108395","doi":"https://doi.org/10.1080/0003684032000095947","title":"An alternative demand indicator: the 'non-accelerating inflation rate of capacity utilization'","display_name":"An alternative demand indicator: the 'non-accelerating inflation rate of capacity utilization'","publication_year":2003,"publication_date":"2003-07-01","ids":{"openalex":"https://openalex.org/W2005108395","doi":"https://doi.org/10.1080/0003684032000095947","mag":"2005108395"},"language":"en","primary_location":{"id":"doi:10.1080/0003684032000095947","doi":"https://doi.org/10.1080/0003684032000095947","is_oa":false,"landing_page_url":"https://doi.org/10.1080/0003684032000095947","pdf_url":null,"source":{"id":"https://openalex.org/S201533460","display_name":"Applied Economics","issn_l":"0003-6846","issn":["0003-6846","1466-4283"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5020671748","display_name":"Niek J. Nahuis","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I96120398","display_name":"De Nederlandsche Bank","ror":"https://ror.org/02fabx761","country_code":"NL","type":"funder","lineage":["https://openalex.org/I96120398"]}],"countries":["NL"],"is_corresponding":true,"raw_author_name":"Niek J. Nahuis","raw_affiliation_strings":["De Nederlandsche Bank, Monetary and Economic Policy Department"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"De Nederlandsche Bank, Monetary and Economic Policy Department","institution_ids":["https://openalex.org/I96120398"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5020671748"],"corresponding_institution_ids":["https://openalex.org/I96120398"],"apc_list":null,"apc_paid":null,"fwci":1.2276,"has_fulltext":false,"cited_by_count":25,"citation_normalized_percentile":{"value":0.88328007,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"35","issue":"11","first_page":"1339","last_page":"1344"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9976000189781189,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9976000189781189,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13399","display_name":"Unemployment and Economic Growth","score":0.0007999999797903001,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.0005000000237487257,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/nairu","display_name":"NAIRU","score":0.7720000147819519},{"id":"https://openalex.org/keywords/capacity-utilization","display_name":"capacity utilization","score":0.7770000100135803},{"id":"https://openalex.org/keywords/inflation-forecasting","display_name":"inflation forecasting","score":0.7269999980926514},{"id":"https://openalex.org/keywords/european-countries","display_name":"European countries","score":0.48899999260902405},{"id":"https://openalex.org/keywords/production-efficiency","display_name":"production efficiency","score":0.6700000166893005},{"id":"https://openalex.org/keywords/confidence-intervals","display_name":"confidence intervals","score":0.7039999961853027}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8369974493980408},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.7590093612670898},{"id":"https://openalex.org/C13166094","wikidata":"https://www.wikidata.org/wiki/Q1597271","display_name":"Capacity utilization","level":2,"score":0.632655680179596},{"id":"https://openalex.org/C2993702802","wikidata":"https://www.wikidata.org/wiki/Q35865","display_name":"Inflation rate","level":3,"score":0.5931867957115173},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.4344329535961151},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.43149691820144653},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.3983854055404663},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3494310677051544},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.22711175680160522},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/0003684032000095947","doi":"https://doi.org/10.1080/0003684032000095947","is_oa":false,"landing_page_url":"https://doi.org/10.1080/0003684032000095947","pdf_url":null,"source":{"id":"https://openalex.org/S201533460","display_name":"Applied Economics","issn_l":"0003-6846","issn":["0003-6846","1466-4283"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:applec:v:35:y:2003:i:11:p:1339-1344","doi":null,"is_oa":false,"landing_page_url":"http://www.tandfonline.com/doi/abs/10.1080/0003684032000095947","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":16,"referenced_works":["https://openalex.org/W40048283","https://openalex.org/W84849733","https://openalex.org/W1549576924","https://openalex.org/W1582852958","https://openalex.org/W1963628516","https://openalex.org/W2041811101","https://openalex.org/W2058320416","https://openalex.org/W2125534266","https://openalex.org/W2152156754","https://openalex.org/W2155515863","https://openalex.org/W2314616150","https://openalex.org/W3122370327","https://openalex.org/W3122539621","https://openalex.org/W3123864838","https://openalex.org/W4229662487","https://openalex.org/W4297902082"],"related_works":["https://openalex.org/W2998229498","https://openalex.org/W2991127438","https://openalex.org/W2073153632","https://openalex.org/W2779977156","https://openalex.org/W1520887784","https://openalex.org/W3123537321","https://openalex.org/W2260108918","https://openalex.org/W2906204646","https://openalex.org/W2492882807","https://openalex.org/W1992163107"],"abstract_inverted_index":{"This":[0],"article":[1],"examines":[2],"the":[3,6,8,27,33,51,61,71,80,93,96],"usefulness":[4,94],"of":[5,12,19,54,79,95],"NAIRCU,":[7],"\u2018non-accelerating":[9],"inflation":[10,20,58],"rate":[11],"capacity":[13,55],"utilization\u2019":[14],"as":[15,39],"a":[16,40],"demand":[17],"indicator":[18,42],"for":[21,32,43],"eight":[22],"European":[23,47],"countries.":[24],"So":[25],"far":[26],"NAIRCU":[28,72,97],"has":[29,73],"been":[30],"estimated":[31],"USA":[34],"only,":[35],"where":[36],"it":[37],"serves":[38],"useful":[41],"inflation.":[44],"In":[45],"most":[46],"countries,":[48],"deviations":[49],"from":[50],"equilibrium":[52],"level":[53],"utilization":[56],"influence":[57],"significantly.":[59],"Further,":[60],"results":[62],"not":[63],"only":[64],"indicate":[65],"that":[66,85],"in":[67],"more":[68],"recent":[69],"periods":[70],"shifted":[74],"upward,":[75],"indicating":[76],"higher":[77],"efficiency":[78],"production":[81],"process,":[82],"but":[83],"also":[84],"confidence":[86],"intervals":[87],"have":[88],"increased":[89],"over":[90],"time":[91],"reducing":[92],"somewhat.":[98]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":3},{"year":2020,"cited_by_count":1},{"year":2018,"cited_by_count":2},{"year":2016,"cited_by_count":3},{"year":2014,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}