sensitivity of inflation to unemployment rate changes. Improvement in fit from just including the online share is tiny—so far …. Other results indicate that market-based price indexes are more sensitive to unemployment than measures such as core PCE … reducing the bargaining power of labor, could lower the natural rate of unemployment. Model performance and fits are improved …

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

New-Keynesian macroeconomic models typically assume that any long-run trade-off between inflation and unemployment is … rate, unemployment and inflation in West Germany from the early 1960s up to 2004 using a multivariate co … data a strong negative correlation between the trend components of inflation and unemployment. We show that this finding …