, inflation and unemployment, we detect a wrong sign in the response of inflation to contractionary monetary policy shocks … significant unemployment inflation trade-off emerges. These conclusions are confirmed by using industrial production instead of … 1999-2019, when the Federal Funds Rate and the Euro-Dollar exchange rate are added to the VAR model inflation shows …

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

strong support for concave shaped unemployment-gap and output-gap based Phillips curve specifications. Given the specific … form of concavity discovered in the Phillips curves, the low inflation rate experienced over the last couple of decades can …

' 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 …

Using a New Keynesian Phillips curve, we document the rapid and persistent increase in the natural rate of unemployment …, 𝑢𝑡 ∗ , in the aftermath of the pandemic and characterize its implications for inflation dynamics. While the bulk of the … inflation surge is attributed to temporary supply factors, we also find an important role for current and expected negative …

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 …

's implicit aversion towards inflation varies with income and other socio-economic characteristics. While inflation aversion …, these relationships apply not only to absolute inflation aversion, but also to the aversion towards inflation relative to … unemployment. These results survive several robustness checks. The differing results concerning the roles of income and education …

the implications of digitalisation for measurement, productivity, labour markets and inflation, as well as more recent …

, unemployment is systematically decreasing, the financial sector is more eager to lend, and its clients - to borrow. Rapidly growing …