model does a good job of accounting for the joint behavior of labor and goods markets, as well as inflation, during the … capital played critical roles in accounting for the small size of the drop in inflation that occurred during the Great …

small businesses in the United States are one of the drivers explaining the unemployment dynamics during the Great Recession …

unemployment between the early 1980s and the early 2000s, and a decline in participation since the early 2000s. Using CPS micro … nonparticipants implies a lower unemployment rate, because marginal nonparticipants enter the labor force mostly through unemployment …

unemployment and underemployment, employment, workweeks, wages, vacancies, hiring, layoffs, quits, and surveys of consumers' and … payroll employment and the unemployment rate. Other influential indicators include the insured unemployment rate, consumers … perspective of the model, the unemployment rate declined a bit faster over the past two years than was consistent with the other …

potentially nonlinear effects of inflation on economic growth. We find that inflation is associated with significantly lower … effects of inflation on economic growth. We also document significant variation in the effect of inflation on growth across …

expected inflation. The inability of the Fed to maintain a credible commitment to low interest rates in the face of increased … government spending and rising inflation led to the Fed-Treasury Accord of March 1951. Following the Accord, the external …