for the unemployment-inflation trade- off and for the conduct of monetary policy. We proceed in two steps. We first leave … firms. We derive the relation between inflation and unemployment and discuss how it is influenced by the presence of labor … market frictions and real wage rigidities. We show the nature of the tradeoff between inflation and unemployment …

This paper evaluates new evidence on price setting practices and inflation persistence in the euro area with respect to …

labor market frictions and unemployment explicitly. The present paper describessome of the essential ingredients and …

model labor market frictions and unemployment explicitly. This chapter describes some of the essential ingredients and …

setting by firms. We derive the relation between inflation and unemployment and discuss how it is influenced by the presence … of real wage rigidities. We show the nature of the tradeoff between inflation and unemployment stabilization, and we draw …We develop a utility based model of fluctuations, with nominal rigidities, and unemployment. In doing so, we combine …

and its implications for US output, hours and inflation. Second we evaluate the extent to which that responses can be …

implications for the unemployment-inflation tradeoff and for the conduct of monetary policy.We proceed in two steps. We first leave … firms. We derive the relation between inflation and unemployment and discuss how it is influenced by the presence of labor … market frictions and real wage rigidities. We show the nature of the tradeoff between inflation and unemployment …