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I am using the expectations augmented Phillips Curve, so thats ok. I am using LS...is there anything else I can try? i mean...i am doing it for the SPANISH economy...the series show such a big volatility... i think its gonna be really hard to get something done with the simple LS regression. No wond...

Hello, I am trying to estimate the NAIRU by using the Phillips curve approach. I am a Bachelor Student so nothing fancy is expected from me. I tried to regress inflation on unemployment and the constant to get the unemployment coefficient (once i get that coefficient everything is easy...) but the d...