The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high … unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not …

A quantitative model is presented linking the rate of inflation and unemployment to the change in the level of labor … simplified version of the 1-D boundary elements method. All models for Australia are similar to those obtained for the US, France …

uncorrelated noise and systematic errors. Our previous model of inflation and unemployment in Canada is enhanced by the … price inflation accompanied by a substantial fall in the rate of unemployment. Therefore, the new monetary policy in Canada … developed an integral technique similar to CUSUM using an empirical model quantitatively linking the rate of inflation and …

and lagged relationships between the rates of inflation, unemployment, and change in labour force. For France, several … study has validated the reliability and accuracy of the linear and lagged relationships between inflation, unemployment, and … relationships were estimated eight years ago. The change rate of labour force was used as a driving force of inflation and …

We model the rate of inflation and unemployment in Austria since the early 1960s within the Phillips/Fisher framework … macroeconomic variable was first tested as a predictor of inflation and unemployment in 2005 with the involved time series ended in … relationships between inflation, unemployment, and labour force. As before, a structural break is allowed in these relationships …

neighborhood and unobserved heterogeneity of countries of the region to analyze the effects of Policy mix on inflation, the output … mechanism of propagation of shocks affecting the level of inflation and a mecanisme for output stabilization. …

indicate that for the period analyzed, Lucas’s hypothesis explains fairly well why the trade-off between inflation and output …

inflation in the Gulf Cooperation Council (GCC) countries over the 1980-2008 period. We argue that, in GCC countries, money is … supply stands out as a significant determinant of inflation both in short- and long-run. Both foreign prices and the nominal … effective exchange rate are shown to be more successful in explaining inflation in the long-run than the short-run. The half …

. This initiated a debate on the determinants of the recent inflation. Some blamed fiscal policy or monetary policy, while … others blamed imported inflation, administered prices or mismanagement and loose control of the government. This study …, adopting an econometric framework, focuses on the identification of the main determinants of recent inflation trends. Using …