marginal costs and inflation. As workers climb the job ladder, reducing slack in the employment pool, the inflation effect …, unemployment and inflation to aggregate shocks. The ratio between job-finding probabilities from job-to-job and from unemployment …, a measure of the "Acceptance rate" of job offers to employed workers, predicts negatively inflation, independently of …

This paper discusses three policy tools to mitigate jobless recoveries during financial crises: inflation, real … of inflation is sizably lower real wages. Hence, inflation does not prevent wage earners as a whole from getting hit by …/nontradables), from output peak to recovery point, displays a statistically significant relationship with inflation or jobless recovery …

beyond any estimate of the constant-inflation NAIRU, even if productivity growth experiences a rebound and the labor force …