between monetary policy, employment, and unemployment. According to the obtained estimates monetary policy shocks invoked … lagged, hump‑shaped reactions of output, employment and unemployment in each of the analysed countries. …

in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …

We explore the relationship between inequality, unemployment, and inflation by considering the evidence that low … income distribution. The inflation-unemployment-inequality nexus leads to the inequality-augmented Phillips curve relating … higher levels of unemployment to lower inflation rates and more inequality. We then perform two sets of experiments to …

We propose that the natural rate of unemployment has an active role in the business cycle, in contrast to the … Phillips-curve framework of low - often extremely low - response of inflation to unemployment could be the result of fairly … most Phillips-curve studies, that conclude that inflation has little relation to unemployment. We suggest that the flat …