-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a … unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since …

's mandate-consistent rate and the latter's target, respectively, and their unemployment forecasts were above sustainable rates …

A search and matching model, when calibrated to the mean and volatility of unemployment in the postwar sample, can … potentially explain the large unemployment dynamics in the Great Depression. The limited response of wages to labor market … conditions from credible bargaining and the congestion externality from matching frictions cause the unemployment rate to rise …

We adopt a time series approach to investigate the historical relation between unemployment, life expectancy, and … estimate the size of the COVID-19-related unemployment shock to be between 2 and 5 times larger than the typical unemployment …

which there are multiple equilibrium unemployment rates. The model has two equations in common with the new-Keynesian model …

document that large inflationary spikes appear to help unemployment to get back to pre-crisis levels. However, the counterpart …. This suggests that currency depreciation can help reduce unemployment only insofar as it is associated with inflation, and …

This paper describes a new data set of the forecasts of output growth, inflation, and unemployment prepared by …

We construct a utility-based model of fluctuations, with nominal rigidities and unemployment, and draw its implications … for the unemployment-inflation tradeoff and for the conduct of monetary policy.lt;brgt;lt;brgt;We proceed in two steps. We … effect on unemployment in the constrained efficient allocation. We then focus on the implications of alternative real wage …

We show that data on satisfaction with life from over 600,000 Europeans are negatively correlated with the unemployment … the public is willing to accept in terms of unemployment for inflation, at least in terms of keeping the average level of …