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 …

Notwithstanding persistently-high unemployment following the Great Recession, inflation in the United States has been … remarkably stable. We find that a traditional Phillips curve describes the behavior of inflation reasonably well since the 1960s … observed stability of inflation: inflation expectations have become better anchored and to a lower level; the slope of the …

This paper examines the recent behavior of core inflation in the United States. We specify a simple Phillips curve … based on the assumptions that inflation expectations are fully anchored at the Federal Reserve’s target, and that labor …-market slack is captured by the level of shortterm unemployment. This equation explains inflation behavior since 2000, including …

, linkages between emerging markets and the USA have also increased. In this study, we examine the international financial market …

Abwärtsnominallohnrigidität selbst vom inflationären Umfeld abhängt und in Jahren mit niedriger Inflation sinkt. This paper examines the existence … nominal wage rigidity - under a constant degree of rigidity - are the higher, the lower the inflation rate is. For inflation … of the rigidity itself sinks during years of low inflation. …

devaluation of the US mechanical rate against inflation since the Copyright Act of 1976. As Congress and the CARP Tribunal are … ultimately involved in setting terms, the implication is that songwriters and their publishers are losing power in the USA … against the record labels. For a variety of reasons, the phenomenon seems to be particular to the USA. It has also gone …

determinant in the go through channel affecting the prices of final goods and services and inflation in the USA. I test several …The paper analyses the impact of the labour costs and import costs on the prices of final goods in the USA during the … goods in last 50 years in the USA. …

Kapazitätsauslastung (NAICU: «non-accelerating inflation rate of capacity utilisation») sind deshalb für geldpolitische Entscheidungsträger …

The existence of the inflation-output tradeoff is a well-established relationship in macroeco-nomics, with prevailing … perhaps a greater movement towards one? This paper investigates this question and examines whether the inflation-output tradeoff … as of yet there is no evidence of a truly global Phillips curve, although an international inflation-output tradeoff does …

Macro economist over the years have camped their argument on the tradeoff between inflation and unemployment on an … economy. As the monetary announcement of an economy has an important influence on both inflation and unemployment, this paper … reviews the existing literature to find out the relation between inflation and unemployment rate in Malaysia with special …