combination of low wage inflation and high unemployment in Europe is usually attributed to a rise in the natural rate of …This paper analyzes the relationship between unemployment and wage inflation for 10 of the euro area countries. The … unemployment that may account for a changing pattern in the unemployment inflation trade-off. Moreover, it analyzes whether the …

combination of low wage inflation and high unemployment in Europe is usually attributed to a rise in the natural rate of …This paper analyzes the relationship between unemployment and wage inflation for 10 of the euro area countries. The … unemployment that may account for a changing pattern in the unemployment inflation trade-off. Moreover, it analyzes whether the …

Motivated by migration phenomena and wage-inflation spillovers, we investigate the relationship between the two and the … inflationary remittances built-in pressures. We establish a feedback loop between migration and inflation, and specify a simple … monopolistic competition, and state space model for the natural unemployment rate. Our estimates suggest that overshooting …

, 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 …

Using a New Keynesian Phillips curve, we document the rapid and persistent increase in the natural rate of unemployment …, 𝑢𝑡 ∗ , in the aftermath of the pandemic and characterize its implications for inflation dynamics. While the bulk of the … inflation surge is attributed to temporary supply factors, we also find an important role for current and expected negative …

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

In the present paper it will be pointed out with panel data that inflation worsens income distribution, but not in a … linear way. More specifically, at lower inflation levels as inflation goes up, then income distribution worsens more rapidly … than in the case of higher inflation levels (hyperinflation). The sample covers annually most western European countries …

estimates. The research period has been characterised by high labour demand, negative supply shocks, high levels of inflation …

estimates. The research period has been characterised by high labour demand, negative supply shocks, high levels of inflation …

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 …