inflation and unemployment in the long run, using quarterly US data from 1952 to 2010, and state-of-the art econometric methods … relationship between inflation and unemployment is positive in the long run. …. Using a band-pass filter approach, we find strong evidence that a positive relationship exists, where inflation leads …

-1998. Have you ever compared the meaning of inflation rate with unemployment rate? Have you ever noticed that inflation rate … meaning? 1.It has been observed frequently that when the inflation rate goes down the unemployment rate goes up and conversely …. 2. Those economy states that origin inflation are favourable to the unemployment rate and conversely. Have you ever …

, deviations from reference values are found to influence unemployment for all countries, including the UK. Only for Germany and … unemployment for the five major European economies. The dynamic adjustment and the level relations are found to be different across … Spain, instead, we find evidence that deviations from reference values influence inflation dynamics. …

evidence for a reaction of wage growth to unemployment and productivity growth. The degree of real wage flexibility tends to be …. There exists an inflation threshold, below which real wage flexibility is low. We also find that a part of the heterogeneity … in real wage flexibility and unemployment may be related to differences in the wage bargaining institutions. …

of the commitment of participants in the ERM to maintain their parities against the Deutschmark, with Germany acting as a … low-inflation anchor. The paper finds evidence of such a credibility effect: during `the EMS period' (flexibly dated …) German inflation enters into autoregressive inflation predictor schemes for each of the main EMS countries (Belgium, France …

movements in aggregate output and inflation in response to a nominal shock. Two modifications of a standard one-quarter pre …, simulations based on estimated shocks to tfp and money growth suggest both output and inflation are too volatile relative to the …

Most of the papers in the sticky-price literature are based on a log-linearization around the zero inflation steady … state, a simplifying but counterfactual assumption. This paper shows that when trend inflation is considered, both the long … results obtained by models log-linearized around a zero inflation steady state are quite misleading. Furthermore, the same is …

political instability cause the terrorism incidence in Pakistan. However, income inequality, unemployment and trade openness … that except unemployment, all other macroeconomic indicators have unidirectional causality with terrorism incidence …. Unemployment has a bi-directional causality with the terrorism incidence in Pakistan. The results of variance decomposition …

Purpose – The purpose of this paper is to analyze the time-inconsistency problem between inflation and unemployment …. Then the modified Barro-Gordon model's constraint is applied to the detrended inflation and unemployment rate. Findings … – The results of this study suggest that both inflation and unemployment series are not stationary and they include the unit …