Notwithstanding persistently-high unemployment following the Great Recession, inflation in the United States has been … remarkably stable. We find that a traditional Phillips curve describes the behavior of inflation reasonably well since the 1960s … observed stability of inflation: inflation expectations have become better anchored and to a lower level; the slope of the …

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

account deficit, exchange rate, unemployment, inflation, and mortgage rates. Second, we employ probit and logit regression …

increase in real household consumption in the long run. Unemployment also depicted a rare positive relationship, and we … attributed the phenomenon to consumer confidence in the economy. Furthermore, the results showed that inflation negatively …

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

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