inflation can be achieved without significant trade-offs, such as reducing economic activity or increasing unemployment. These …

, unemployment and inflation to aggregate shocks. The ratio between job-finding probabilities from job-to-job and from unemployment … the unemployment rate …

We explore the response of employment (unemployment) skill differentials to skill-biased shifts in demand touched off … by the new and spreading technologies. We find that skill differentials in unemployment follow at least in part the same … differences defined by technology. In the aggregate time series relative unemployment is defined by educational unemployment …

surprising miracle occurred the leaver nations are alleged to have enjoyed a burst of real growth and a decline in unemployment … pronounced if it were not for quiescent wage rates, which the paper attributes to high unemployment. The absence of any …

-run trade-off between unemployment and inflation is in terms of price levels; Model 2 is one in which the trade-off is in terms …

wage change is positively correlated with the unemployment rate and with the consumer price inflation rate …

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

We study the long-run relation between money, measured by inflation or interest rates, and unemployment. We first … where both money and unemployment are modeled using explicit microfoundations, integrating and extending recent work in … accounts for some but not that much of trend unemployment -- by one measure, about 1/5 of the increase during the stagflation …