The global economy has witnessed many economic fluctuations and waves of inflation and recession. With the … consideration of achieving price stability as a primary goal of the economic policies, any attempt to eliminate inflation means …', who developed the inflation/unemployment curve. After the emergence of the stagflation phenomenon, this relationship …

The global economy has witnessed many economic fluctuations and waves of inflation and recession. With the … consideration of achieving price stability as a primary goal of the economic policies, any attempt to eliminate inflation means …”, who developed the inflation/unemployment curve. After the emergence of the stagflation phenomenon, this relationship …

The global economy has witnessed many economic fluctuations and waves of inflation and recession. With the … consideration of achieving price stability as a primary goal of the economic policies, any attempt to eliminate inflation means …”, who developed the inflation/unemployment curve. After the emergence of the stagflation phenomenon, this relationship …

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ``frictional growth,'' describing the … interplay between nominal frictions and money growth. When the money supply grows in the presence of price inertia (due to … staggered wage contracts with time discounting), the price adjustments to each successive change in the money supply are never …

In Canada, targeting the inflation rate was intended as a temporary measure on a journey to price-level stability, but … account, changing beliefs about the stability or otherwise of ongoing inflation, the capacity of a flexible exchange rate to … rate and money growth in influencing economic outcomes are emphasised. Today’s standard DSGE approach to modelling …

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

longer-term market interest rates by taking into account the relationship between interest rates, inflation, and unemployment … rates. By using vector autoregressive models of monthly interest rates, month-over-month inflation, and unemployment rates … lowering Canadian interest rates relative to what their historical relationship with inflation and unemployment rates would …

determined externally. To test this relationship, we study the determination of inflation between 1926 and 2012, a longer sample … of inflation both in the full sample and in the subsamples spanning the periods before and after the Sterling parity link. …

We explore the relationship between inequality, unemployment, and inflation by considering the evidence that low …-and-flow consistent agent-based model by Rolim et al. (2023), in which inflation and inequality result from the social conflict over … income distribution. The inflation-unemployment-inequality nexus leads to the inequality-augmented Phillips curve relating …