revealed that increased inflation and Bank Rates, related to the cost-of-living crisis, were associated with greater …

associated with significant differences in the response of inflation to unemployment and exchange rate shocks. More wage … coordination and higher union density flatten the Phillips curve and increase the inflation response to the real exchange rate, i …

Central bankers are raising interest rates on the assumption that wage-push inflation may lead to stagflation. This is …

We implement a survey of Dutch households in which random subsets of respondents receive information about inflation …. The resulting exogenously generated variation in inflation expectations is used to assess how expectations affect … subsequent monthly consumption decisions relative to those in a control group. The causal effects of elevated inflation …

case of female unemployment and the degree of persistence is higher in the cases of female and youth unemployment series …

which "observed" inflation persistence at the aggregate level is due to aggregation and/or common unobserved factors. Our … persistence of the aggregate inflation. -- aggregation ; large dynamic panels ; long memory ; weak and strong cross section … dependence ; VAR models ; impulse responses ; factor models ; inflation persistence …

chain reactions, and provides new evidence on the long-run inflation-unemployment tradeoff in the US. It is argued that … inflation/unemployment responses to money growth shocks. SVAR (structural vector autoregression) and GMM (generalised method of … and real sides of the economy are symbiotic. In the light of the significant and robust long-run inflation …

the PC and explain the evolution of inflation and unemployment in the US from 1970 to 2006. Since our empirical … and inflation, while the monetary expansion was quite ineffective and led mainly to higher inflation. Finally, the …

constant inflation. This change has been more pronounced than elsewhere. We argue that this stems from the immigration boom in …' labour supply or bargaining power differ. Estimation of the curve for Spain indicates that the fall in unemployment since … 1995 would have led to an annual increase in inflation of 2.5 percentage points if it had not been largely offset by …