This paper explores the interrelation between the degree of unemployment persistence and the unemployment-productivity …

Since 1979 productivity growth in Britain has improved markedly compared with Europe. The turnaround in productivity … has been a worsening in the trade-off between unemployment and inflation. The poor unemployment/inflation trade-off is due … (which does little to restrain inflation). …

We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and … productivity. In response to an increase in openness, markups show a steep short run decline, which partly reverses later, while … productivity rises in a manner that increases over time. Our estimates suggest that EU manufacturing prices fell by 2 …

productivity for the differences in regional inflation under a common currency. Comparisons are made with regional productivity …While overall inflation has fallen dramatically in countries like Italy and Spain, inflation in the home good sector … remains stubbornly higher than inflation in the traded good sector. If nominal exchange rates are fixed, these real …

errors of returns under serial correlation. The repeat sales methodology is generally used to construct an index of prices or …

be held constant in the face of a domestic inflation. In this circumstance, import duties and export subsidies would have … in line with domestic inflation. Unless such a passive policy is accompanied by the elimination of trade barriers …

much sharper rise in inflation than measured by the official price indices, whose quality was called into question. In this … determinants. Since these data do not rely on official inflation statistics, they provide an independent check for the latter. We … not recorded by official inflation statistics. We do not find evidence in support of this hypothesis. …

cumulated increase in the price of a meal between 1998 and 2003 is substantial (the index rises by 40%). The changeover might …, more market power (as proxied by a local concentration index) is associated with greater than average price increases …

government to maintain a socially efficient policy of zero inflation for most of the game, without any formal precommitment … supports the results of Backus and Driffill and of Barro, in that the uncertainty induces low or zero inflation outcomes in the …

expected means of future interest rates, exchange rates and inflation. More recently, these methods have been refined to rely …