and lagged relationships between the rates of inflation, unemployment, and change in labour force. For France, several … study has validated the reliability and accuracy of the linear and lagged relationships between inflation, unemployment, and … relationships were estimated eight years ago. The change rate of labour force was used as a driving force of inflation and …

Should monetary policy offset the effects of labor supply shocks on inflation and the output gap? Canonical New … wage growth, which entails a period of higher inflation and a positive output gap. A welfare analysis of policy rules shows …

This paper integrates a theory of equilibrium unemployment into a monetary model with nominal price rigidities. The … matching frictions and bargaining over real wages and hours of work. Search frictions generate unemployment in equilibrium … for inflation dynamics: under right-to-manage, the real wage rigidity also results in smaller fluctuations of inflation …

This paper develops a general equilibrium monetary model with performance incentives to study the inflation-unemployment … relationship. A long-run downward-sloping Phillips curve can exist with perfectly anticipated inflation because workers' incentive … to exert effort depend on financial market returns. Consequently, higher inflation rates can reduce wages and stimulate …

, we study the implications of different inflation regimes on the racial unemployment gap. Higher trend inflation increases … facing exogenous differences in the job finding and separation rates. We use our setting to study the racial unemployment gap … two groups both in the level and volatility of unemployment. We show that the racial unemployment gap is counter …

, inflation and unemployment, we detect a wrong sign in the response of inflation to contractionary monetary policy shocks … significant unemployment inflation trade-off emerges. These conclusions are confirmed by using industrial production instead of … 1999-2019, when the Federal Funds Rate and the Euro-Dollar exchange rate are added to the VAR model inflation shows …

the implications of digitalisation for measurement, productivity, labour markets and inflation, as well as more recent …

, unemployment is systematically decreasing, the financial sector is more eager to lend, and its clients - to borrow. Rapidly growing …

employment and hours affecting inflation dynamics via marginal costs. We find that the response of unemployment and inflation to … persistent movements of aggregate inflation. Moreover, the impact of a monetary policy shock on unemployment and inflation …