- both per hour and per worker - in the United States, the Eurozone, the United Kingdom, Australia, and Japan over the post … years. Results for the Eurozone point towards a marked deceleration since the beginning of the 1980s, with equilibrium …

This paper empirically compares sticky-price and sticky-information Phillips curves considering inflation dynamics in … six countries (US, UK, Germany, France, Canada, and Japan). We evaluate the models‘ abilities to match empirical second … moments of inflation. Under baseline calibrations, the two models perform similarly in almost all countries. Under estimated …