economy. While about half of all studies for the United States find a significant effect of unemployment and inflation on … choice of the sample period is of crucial importance. While in the very long run we find unemployment, inflation and the …

COVID-19 abruptly impacted the labor market with the unemployment rate jumping to 14.7 percent less than two months … after state governments began adopting social distancing measures. Unemployment of this magnitude has not been seen since … the Great Depression. This paper provides the first study of how the pandemic impacted minority unemployment using CPS …

with simulations. Two examples based on European unemployment and inflation series are used to illustrate the virtue of the …

We introduce dynamic incentive contracts into a model of inflation and unemployment dynamics. Our main result is that … wage cyclicality from incentives neither affects the slope of the Phillips curve for prices nor dampens unemployment …’s response to shocks. The impulse response of unemployment in economies with flexible, procyclical incentive pay is first …

prototypical framework is that voters discount their memories about unemployment and inflation at a constant rate. Yet starting …

Up to now there was a general conviction that increasing unemployment and inflation have a negative impact on the … the Schröder government. While the results for the former show the known pattern, neither unemployment nor inflation is … government’s popularity. This was true for Germany as well, but it does not seem to hold any longer. This paper first reviews the …

high during 2016-2019, keeping inflation below the Reserve Bank's target band. Optimal monetary policy in 2016-2019 would …

affect inflation. Likewise, the interaction between central bank independence and coordination does not affect unemployment. …

Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent …. Unemployment increases the relative attractiveness of large and less violent gangs engaging more in property crime. …

rates, labor market conditions improve so much that some unions enforce higher wages and let their firms shrink. This …