We explore the response of employment (unemployment) skill differentials to skill-biased shifts in demand touched off … by the new and spreading technologies. We find that skill differentials in unemployment follow at least in part the same … differences defined by technology. In the aggregate time series relative unemployment is defined by educational unemployment …

inflation expectations. We develop this measure using assumptions common in economic analysis of open economies. Using quarterly …

surprising miracle occurred the leaver nations are alleged to have enjoyed a burst of real growth and a decline in unemployment …, all without any evidence of extra inflation. The results in this paper turn the conventional wisdom on its head. While the … over into extra inflation, leaving only 20 percent remaining for extra real GDP growth. Virtually 100 percent of the …

-run trade-off between unemployment and inflation is in terms of price levels; Model 2 is one in which the trade-off is in terms …

wage change is positively correlated with the unemployment rate and with the consumer price inflation rate …

This paper describes a new data set of the forecasts of output growth, inflation, and unemployment prepared by …

We study the long-run relation between money, measured by inflation or interest rates, and unemployment. We first … where both money and unemployment are modeled using explicit microfoundations, integrating and extending recent work in … accounts for some but not that much of trend unemployment -- by one measure, about 1/5 of the increase during the stagflation …

for the unemployment-inflation tradeoff and for the conduct of monetary policy.<br><br>We proceed in two steps. We first … setting by firms. We derive the relation between inflation and unemployment and discuss how it is influenced by the presence … of labor market frictions and real wage rigidities. We show the nature of the tradeoff between inflation and unemployment …

Previous literature has found that both unemployment and inflation lower happiness. This paper extends the literature … interest rates. I find, conventionally, that both higher unemployment and higher inflation lower happiness. Interest rates are … that unemployment depresses well-being more than inflation. The least educated and the old are more concerned about …

good job of explaining the deviations of household inflation and unemployment expectations from the `rational expectations … of different demographic groups have sharply different predictions for macroeconomic aggregates like the inflation rate …