The purpose of this study is to examine whether we can identify a Phillips curve fit for the Kingdom of Eswatini as a … 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 …

We assess the stability of the unemployment gap parameter using linear dynamic Phillips curve models for the United … States. In this study, we allow the unemployment gap parameter to be time-varying such that we can monitor the importance of … the Phillips curve over time. We consider different specifications and different measures for inflation. Furthermore, we …

We assess the stability of the unemployment gap parameter using linear dynamic Phillips curve models for the United … States. In this study, we allow the unemployment gap parameter to be time-varying such that we can monitor the importance of … the Phillips curve over time. We consider different specifications and different measures for inflation. Furthermore, we …

We assess the stability of the unemployment gap parameter using linear dynamic Phillips curve models for the United … States. In this study, we allow the unemployment gap parameter to be time-varying such that we can monitor the importance of … the Phillips curve over time. We considerdifferent specifications and different measures for inflation. Furthermore, we …

This paper reports on research into the negative relationship between inflation and the markup. It is argued that this … relationship can be thought of as ‘long-run’ in nature which suggests that inflation has a persistent effect on the markup and …, therefore, the real wage. A ‘rule of thumb’ from the estimates indicate that a 10 percentage point increase in inflation (as …

An I(2) analysis of inflation and the markup is undertaken for the G7 economies and Australia. We find that the levels …

, 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 …

This paper proposes a measure of real-time inflation expectations based on metadata, i.e., data about data, constructed … from internet search queries performed on the search engine Google. The forecasting performance of the Google Inflation … Search Index (GISI) is assessed relative to 37 other indicators of inflation expectations – 36 survey measures and the TIPS …

positive relationship between inflation and unemployment. The results provide some evidence that the trade-off between … inflation and the unemployment rate in the short-run worsens as the mean rate of inflation increases. …Modern theories of inflation incorporate a vertical long-run Phillips curve and are usually estimated using techniques …

, 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 …