reactiveness of inflation to the unemployment rate. In regard to a monetary union, the national unemployment multiplier in the …

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests that this Phillips curve may be … reasonably flat. We show that the persistence of inflation and unemployment, in response to monetary policy shocks, is related to …

The evolution of the rate of price inflation, (t), and unemployment, u(t), in Japan has been modeled within the … that growing unemployment results in decreasing inflation. A linear and lagged generalized Phillips curve expressed as a … link between inflation, unemployment, and labor force has been also re-estimated and validated by new data. Labor force …

favour of the SIPC over the low-inflation period. Parameter estimates are sensitive to inflation measures and sample periods … the fact that inflation has become difficult to model since the introduction of inflation targeting. Over sample periods …

incorporate some “rule-of-thumb†price-setters that index to inflation over recent periods. These models are estimated for the … inertia in inflation than the baseline sticky-price model, its overall fit is worse. The results point toward substantial … gains in terms of fit for hybrid models with indexation that smoothes through quarterly volatility in inflation and clarify …

Recent research has examined the link between rising educational attainment and its impact on inflation, via the … economies. We find that the education-adjusted unemployment gap does little to help estimate the inflation-unemployment tradeoff …

-run inflation-unemployment tradeoff. …

This paper confirms that the unemployment rate associated with stable inflation, the so-called "NAIRU," probably has …

plausible numerical simulations, economic openness reduces the sacrifice ratio. Regarding a monetary union, aggregate inflation …