' PC (relating the level of the inflation rate, not the change in this rate, to the rate of unemployment); and the …

This article aims to analyze the relationship between inflation and unemployment in the United States, in the 1960s and … unemployment rates, to understand the scenario of the American economy till the beginning of 2020, in which historically low … unemployment and inflation rates were observed, although at the cost of high inequality. …

The official unemployment rate has become an inadequate measure of labor market conditions. This poses a major … unemployment rate by weighing part-time workers with 62.5%, the proportion of the time they work relative to full-time workers. We … provide new monthly estimates of the unemployment rate for the period 1994-2019 and find that their average during this 25 …

The aim of the article is to clarify the controversies surrounding the relationship between inflation and unemployment … economy, particularly the service sector. A decrease in aggregate supply should cause not only an increase in unemployment but … also an increase in inflation. The article, therefore, hypothesises that the relationships between unemployment and …

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth? describing the … these shocks also generate plausible impulse-responses for unemployment. Although our theory contains no money illusion, no …

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests that this Phillips curve may be … reasonably flat. We show that the persistence of inflation and unemployment, in response to monetary policy shocks, is related to …