reactiveness of inflation to the unemployment rate. In regard to a monetary union, the national unemployment multiplier in the …

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests that this Phillips curve may be … reasonably flat. We show that the persistence of inflation and unemployment, in response to monetary policy shocks, is related to …

In this paper we introduce and test the hypothesis that the relation between inflation and unemployment has been in …- lation between inflation and unemployment can be shown to exist. We restrict our study to the four largest countries of the … 1975 and 1980 after the first (or the second) oil price shock in autumn 1973. During the disin°ation period, inflation and …

hyperbolic discounting leads to inflation having significant long-run effects on real variables. …

1980s. Based on the timing of observed fluctuations in interest rates, inflation, and productivity, it appears that the …

This paper examines the presence of asymmetric behavior in exchange rate pass-through (ERPT) to CPI inflation in 12 …

domestic currency, increases interest rates, effectively controls inflation rates and reduces output. They do not find any …

This study investigates the relationship between inflation, inflation uncertainty and output in Tunisia using real and … nominal data. GARCH-in-mean model with lagged variance equation is employed for the analysis. The result shows that inflation … uncertainty has a positive and significant effect on the level of inflation only in the real term. Moreover, inflation uncertainty …

This paper studies the effect of exchange rate pass-through on inflation in Tunisia over the period 2001-2009. The … authors' objective is to track inflation regimes for the Tunisian economy and to forecast its determinants. Using a Markov …-switching approach, the authors identified two main regimes for inflation in Tunisia over this period: a low and stable inflation regime …