In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output … growth, giving support to Phillips' Golden Triangle theory. -- Employment Growth ; Inflation ; Output Growth ; Golden …

In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …

band spectrum regression to study the determination of inflation in Japan. We find that inflation is related to money … reflects Granger causality from money growth and the output gap to inflation in the relevant frequency bands. Keywords …

inflation expectations. We develop this measure using assumptions common in economic analysis of open economies. Using quarterly …