influx in Turkey has affected food and housing prices, employment rates and internal migration patterns in regions of Turkey … on local economies. Our findings suggest that housing and to a lesser degree food prices increased, but employment rates …

influx in Turkey has affected food and housing prices, employment rates and internal migration patterns in regions of Turkey … on local economies. Our findings suggest that housing and to a lesser degree food prices increased, but employment rates …

An empirical analysis of the impact of labour market structures on the response of inflation to macroeconomic shocks is … presented. Results based on a 20 country panel show that if labour market coordination is high, the effect on inflation of … inflation to its reduced form determinants. These findings are attributed to the behaviour of wages following movements in …

and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …

money growth leads to higher inflation and higher unemployment, so the long-run Phillips curve is not vertical. The optimal …

We analyze the welfare cost of inflation in a model with cash-in-advance constraints and an endogenous distribution of … establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the … United States economy and the long-run equilibrium properties are compared at low and high inflation. We find that, when the …