This Selected Issues paper on the United States explains the behavior of inflation and unemployment during 1997–98. The paper highlights that a simple Philips curve equation relating inflation to the unemployment gap has overpredicted inflation since 1993. The mean forecast error for 1994–97...

This paper presents an overview of recent U.S. fiscal developments and discusses possible implications of the sharp turn around in the government’s fiscal position. Against this back ground, it also reviews key policy challenges that will need to be addressed to cope with the mounting...

Introduction -- The new loyalty paradigm -- The evolution of loyalty: from company to self to both -- Personal and talent brands at work -- Creating a culture of return creates a culture to stay for -- When Millennials thrive, so do Gen Xers and Boomers -- Being a good place to be from --...