The Inexorable and Mysterious Tradeoff Between Inflation and Unemployment.

This paper discusses the short-run tradeoff between inflation and unemployment. Although this tradeoff remains a necessary building block of business cycle theory, economists have yet to provide a completely satisfactory explanation for it.

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Year of publication:	2000
Authors:	Mankiw, N.G.
Institutions:	Harvard Institute of Economic Research (HIER), Department of Economics
Subject:	INFLATION \| UNEMPLOYMENT

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Series:	Harvard Institute of Economic Research Working Papers.
Type of publication:	Book / Working Paper
Notes:	30 pages
Classification:	E30 - Prices, Business Fluctuations, and Cycles. General ; E31 - Price Level; Inflation; Deflation ; J64 - Unemployment: Models, Duration, Incidence, and Job Search ; J68 - Public Policy
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005245656