economy. While about half of all studies for the United States find a significant effect of unemployment and inflation on … choice of the sample period is of crucial importance. While in the very long run we find unemployment, inflation and the …

asymmetry of sectoral relative-price changes and the aggregate inflation rate. This correlation is widely interpreted as … evidence that short-run inflation is determined by supply-side factors; however, we study whether, in addition to the inflation …, that the positive and significant effect of relative-price change asymmetries on inflation is not robust with respect to …

We use an agent-based computational approach to show how inflation can worsen macroeconomic performance by disrupting … the mechanism of exchange in a decentralized market economy. We find that increasing the trend rate of inflation above 3 …

have a stronger bargaining position when they try to prevent a cut in nominal wages. If inflation is so low that some … a long run trade off between inflation and unemployment for low levels of inflation. The prediction that low inflation …

We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the …, and robust for different estimators and financial development measures – suggest that inflation presented deleterious … inequality. Therefore, low and stable inflation, and all that it encompasses, is a necessary first step to achieve a deeper and …

Our paper investigates the unexplored impact of education on inflation and of this relationship on economic growth. By … average schooling years of the working population have a significant negative impact on inflation rates after controlling for … the effects of the stance of domestic monetary policy. We also show that the negative impact of inflation on growth in …

This paper explores the stability of the relation between money demand for M3 and inflation in the euro area by … including the recent period of the financial crisis. Evidence is based on a cointegration analysis, where inflation and asset … inflation are identified. The results indicate that the equilibrium evolution of M3 is still in line with money demand. In the …

changeover, Italian retailers have increased the number of price adjustments, which has translated into a higher inflation rate …

In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …

Output growth, investment and the real interest rate are all found empirically to be negatively affected by inflation …. But a seeming puzzle arises of opposite Tobin-like inflation effects because theory indicates a negative Tobin effect when … investment falls and a positive Tobin effect when the real interest rate rises. We define inflation's Tobin effect more …