control for low-frequency movements in inflation, unemployment, and growth that are pervasive in the post-WWII period. We show … that cyclical fluctuations of inflation are related to cyclical movements in real activity and unemployment, in line with …We study the relation between inflation and real activity over the business cycle. We employ a Trend-Cycle VAR model to …

inflation. To this end, the bivariate noisy Mackey-Glass process recently developed by Kyrtsou and Labys (2006) has been applied … influences of speculative price behaviour on inflation …

The low rate of inflation observed in the U.S. over the entire past decade is hard to reconcile with traditional … the job explains this missing inflation. We derive this novel concept of slack from a model in which a drop in the on …

. Potential output is seen as sustainable; yet experience indicates that output may be on an unsustainable path even if inflation …

containing information on real economic activity, inflation, interest rates and Divisia monetary aggregates produces the most …

between the inflation rate and the unemployment rate is extremely important. This tradeoff has become known as the Phillips … statistical technique that solves the omitted variables problem, to estimate the tradeoff between inflation and unemployment for … international context for the vast majority of the countries studied is affecting the inflation versus unemployment tradeoff. …

This paper investigates the short run as well the long run relationships between money supply, inflation, government … inflationary pressure in the economy. Results show that inflation negatively effects economic growth probably due to adverse supply …

This paper investigates the short run as well the long run relationships between money supply, inflation, government … inflationary pressure in the economy. Results show that inflation negatively effects economic growth probably due to adverse supply …

inflation and commodity prices using recent methods of linear cointegration, and non-linear Granger causality. The main …

of monetary policy. These models, based on the conventional view that inflation stabilization should be a concern of …-augmented Taylor rule can deliver recurrent mispredictions of inflation in the U.S. before 1987. We then show that a fiscal feed … belonging to the pre-1987 period the model based on the two rules can predict the behavior of inflation better than the one …