Carnevali, Emilio; Deleidi, Matteo - In: European Journal of Economics and Economic Policies: … 20 (2023) 1, pp. 90-124
This paper is focused on modern monetary theory's (MMT) treatment of inflation from an open-economy perspective. It … facing an inflation-unemployment trade-off. … analyses how the inflation process is explained within the MMT framework and provides empirical evidence in support of this …