Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960-2005. The obtained negative relationship … relationship: marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent. These results …

constraints and labour constraints. It notes the failure to incorporate this phenomenon in standard macro models. Using panel data …

-static reservation wages using panel data from Germany from 1987 to 1998. The results suggest that reservation wages are relatively high …

with unemployment and bargaining frictions. Shocks to long-run inflation expectations appear to account for much of the … interest rate bound, interest rates and monetary aggregates provided a misleading indicator as to the true stance of inflation …

This paper seeks to understand dynamics of inflation and marginal cost (labor share) in models that account for the … productivity growth particularly for the US. We conclude that a better understanding of the inflation-unemployment tradeoff …

rate of inflation is relatively high, as was the case in the 1970s. In general, the effect of growth on unemployment is … shown to be non-monotonic. There is a threshold level of inflation below (above) which faster growth leads to higher (lower …

The conventional wisdom that inflation and unemployment are unrelated in the long-run implies the compartmentalisation … of macroeconomics. While one branch of the literature models inflation dynamics and estimates the unemployment rate … compatible with inflation stability, another one determines the real economic factors that drive the natural rate of unemployment …