This paper takes a new look at the long-run dynamics of inflation and unemployment in response to permanent changes in …, we construct an empirical model of the Spanish economy and, in this context, we evaluate the long-run inflation-unemployment …

capital and use the resulting model to discuss the concept of the 'non-accelerating inflation rate of unemployment'. We then …We propose a monetary model in which the unemployed satisfy the offcial US deffinition of unemployment: they are people ….e., unemployment is 'involuntary'). We integrate our model of involuntary unemployment into the simple New Keynesian framework with no …

capital and use the resulting model to discuss the concept of the ‘non-accelerating inflation rate of unemployment’. We then …We propose a monetary model in which the unemployed satisfy the official US definition of unemployment: they are people ….e., unemployment is ‘involuntary’). We integrate our model of involuntary unemployment into the simple New Keynesian framework with no …

This paper takes a new look at the long-run dynamics of inflation and unemployment in response to permanent changes in …, we construct an empirical model of the Spanish economy and, in this context, we evaluate the long-run inflation-unemployment …

model, covering a panel of EU countries, and derives the implied long-run inflation-unemployment tradeoff. Our results …

The paper examines how the long-run inflation-unemployment tradeoff depends on the degree to which wage-price decisions …

This paper takes a new look at the long-run dynamics of inflation and unemployment in response to permanent changes in …, we construct an empirical model of the Spanish economy and, in this context, we evaluate the long-run inflation-unemployment …

This paper takes a new look at the long-run dynamics of inflation and unemployment in response to permanent changes in … phenomenon, we construct an empirical model of the Spanish economy and, in this context, we evaluate the long-run inflation-unemployment …

This paper takes a new look at the long-run dynamics of inflation and unemployment in response to permanent changes in …, we construct an empirical model of the Spanish economy and, in this context, we evaluate the long-run inflation-unemployment …

This paper takes a new look at the long-run dynamics of inflation and unemployment in response to permanent changes in …, we construct an empirical model of the Spanish economy and, in this context, we evaluate the long-run inflation-unemployment …