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Labor markets and monetary policy : a new-Keynesian model with unemployment
Blanchard, Olivier; Galí, Jordi - 2008
implications for the unemployment-inflation tradeoff and for the conduct of monetary policy.We proceed in two steps. We first leave … 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 …
Persistent link: https://www.econbiz.de/10003689922
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Inflation and activity : two explorations and their monetary policy implications
Blanchard, Olivier; Cerutti, Eugenio M.; Summers, … - 2015
Persistent link: https://www.econbiz.de/10011420427
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The downward glide of the natural rate of unemployment during cyclical recoveries could explain flat phillips curves
Hall, Robert Ernest; Kudlyak, Marianna - 2023
Persistent link: https://www.econbiz.de/10014383638
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Estimated trade-offs between unemployment and inflation
Fair, Ray C. - 1984
Persistent link: https://www.econbiz.de/10002131334
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Productivity growth and the Phillips curve
Ball, Laurence M.; Moffitt, Robert A. - 2001
Persistent link: https://www.econbiz.de/10001603767
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Prices, wages and the US NAIRU in the 1990s
Staiger, Douglas; Stock, James H.; Watson, Mark W. - 2001
Persistent link: https://www.econbiz.de/10001587395
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Slack and cyclically sensitive inflation
Stock, James H.; Watson, Mark W. - 2019
Persistent link: https://www.econbiz.de/10012056750
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Job-to-job mobility and inflation
Faccini, Renato; Melosi, Leonardo - 2023
Persistent link: https://www.econbiz.de/10013500740
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Has the phillips curve flattened?
Inoue, Atsushi; Rossi, Barbara; Wang, Yiru - 2024
We contribute to the recent debate on the instability of the slope of the Phillips curve by offering insights from a flexible time-varying instrumental variable approach robust to weak instruments. Our robust approach focuses directly on the Phillips curve and allows general forms of...
Persistent link: https://www.econbiz.de/10014481360
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Revisiting the phillips and beveridge curves : insights from the 2020s inflation surge
Benigno, Pierpaolo; Eggertsson, Gauti B. - 2024
Persistent link: https://www.econbiz.de/10015085121