This paper studies the impact of informality on the long-run relationship between inflation and unemployment in … money and credit coexist. An increase in inflation affects unemployment through two channels: the matching channel and the … hiring channel. On one hand, higher inflation reduces the surplus of monetary trades thus lowering firms entry and increasing …

This paper studies the impact of informality on the long-run relationship between inflation and unemployment in … money and credit coexist. An increase in inflation affects unemployment through two channels: the matching channel and the … hiring channel. On one hand, higher inflation reduces the surplus of monetary trades thus lowering firms entry and increasing …

This paper studies the impact of informality on the long-run relationship between inflation and unemployment in … money and credit coexist. An increase in inflation affects unemployment through two channels: the entry channel (size) and … the hiring channel (composition). On one hand, higher inflation reduces the surplus of monetary trades thus lowering firms …

This paper studies the implications of informality for the long run relationship between inflation, output and … informality and shifts both the Beveridge curve and the money demand relation downwards. An increase in the long run inflation … rate affects unemployment through two channels: On the one hand, higher inflation reduces the surplus of monetary trades …

, slowed economic growth and high rates of inflation. During the 1980’s the major macroeconomic problem became high interest …

Using the statistical technique of fuzzy clustering, regimes of inflation and unemployment are explored for the United … inflation/unemployment space. There is considerable similarity across the countries in both the regimes themselves and in the … timings of the transitions between regimes. However, the typical rates of inflation and unemployment experienced in the …