fluctuations in the share of profits create inflation, unemployment, and business cycles. This generalization has been verified by … profit share is high, moderate inflation and employment were generated, and when profit share is low, inflation, unemployment …This paper investigates the instability of capitalism defined as a condition under which capitalism creates inflation …

.7% lower when the unemployment rate increases by one percentage point. This is less than half the equivalent entry-level effect … driven by the high-inflation period until 1992, with effects as large as 5.2. Overall, our findings of limited CB real wage …

the inflation–unemployment dynamics during the recession and COVID-19 times in India and the UK. Using a generalized … recession and eventually turn to stagflation in India due to inflation caused by the weak supply side. However, in the UK, the …