to match past inflation. However, the present paper proposes a much larger effect by using the job finding rate as the …

The present paper explores the connection between inflation and unemployment in different models with fair wages both … function, more inflation lowers the unemployment rate, though to a declining extent. This is because firms respond to inflation … inflation on effort. A stronger effect of nflation on unemployment is also produced under varying as opposed to fixed capital …

A fully inflation-indexed economy stabilizes economic inter-temporal relationships and offers a set of potential … benefits: hedging the economy against inflation; improving the performance of the financial system; helping to lessen the most …

hyperbolic discounting leads to inflation having significant long-run effects on real variables. …

The recent surge in inflation led many unions and firms to alter their bargaining and wage-setting policies. Using … during periods of high and low inflation. We find state dependence along the extensive and intensive margins: the average … implications of state-dependent wage setting for the long-run effects of trend inflation, the transmission of monetary policy …