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' macroeconomic performances. We use the World Values Survey and inflation, unemployment, and economic growth data collected from 2010 … financial satisfaction has a negative relationship with inflation and unemployment and a positive relationship with economic … related to economic growth, employment, and inflation. Motivated by "Happiness Economics," this paper focuses on financial …
Persistent link: https://www.econbiz.de/10014500981
This paper analyses the relation between US inflation and unemployment from the perspective of quot;frictional growth … policy has not only persistent, but permanent real effects, giving rise to a long-run inflation-unemployment tradeoff. We … the US unemployment and inflation trajectories during the nineties …
Persistent link: https://www.econbiz.de/10012776513
, unemployment is systematically decreasing, the financial sector is more eager to lend, and its clients - to borrow. Rapidly growing …
Persistent link: https://www.econbiz.de/10011852813
Persistent link: https://www.econbiz.de/10011543328
and matching unemployment. We show that trend growth in itself does not generate a trade-off for the monetary authority …
Persistent link: https://www.econbiz.de/10011300631
inflation is relatively high, as was the case in the 1970s. In general, the sign of the effect of growth on unemployment is …The standard search model of unemployment predicts, under realistic assumptions about household preferences, that … disembodied technological progress leads to higher steady-state unemployment. This prediction is at odds with the 1970s experience …
Persistent link: https://www.econbiz.de/10011627451
productivity growth and high unemplyoment. Subsequent research has shown that the standard model of unemployment actually gives … counterfactual predictions. Motivated by the observation that the 1970s were also characterized by high and rising inflation …, Tesfaselassie and Wolters examine the effect of growth on unemployment in the presence of nominal price rigidity. The authors …
Persistent link: https://www.econbiz.de/10011635432
rate of inflation is relatively high, as was the case in the 1970s. In general, the effect of growth on unemployment is …The standard search model of unemployment predicts, under plausible assumptions about household preferences, that … disembodied technological progress leads to higher unemployment. This prediction is at odds with the experience of industrialized …
Persistent link: https://www.econbiz.de/10010440551
Persistent link: https://www.econbiz.de/10008856099
Persistent link: https://www.econbiz.de/10011420427