unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not … succeed in finding workable mechanisms. They rather fought stagflation with the ideology of the day, shifting from vulgar … seemed to solve stagflation but only repressed it and resulted into the crisis since 2007. The return of regulation also …

OECD countries we find an explanation for the Great Stagflation since 1970 that was masked by financial deregulation. (6c …

This paper revisits the phenomenon of stagflation. Using a standard New Keynesian dynamic, stochastic general … equilibrium model, we show that stagflation from monetary policy alone is a very common occurrence when the economy is subject to … stagflation in the baseline model is essentially eliminated. In contrast with several other recent papers that have focused on the …