Vaona, Andrea (contributor); Snower, Dennis J. (contributor) - 2007
between inflation and output. -- Phillips curve ; Inflation ; Increasing returns ; nominal inertia ; monetary policy ….S. and the
E.U. as well: a 10% increase in money growth leads to a fall of 3.14 percentage
points in unemployment.
Studies …
dynamic general equilibrium, ECB Working Paper 412.
[11] Karanassou, M., Sala, H. and D. J. Snower, 2003, The European …