The inflation-unemployment trade-off: empirical considerations and a simple US-Euro Area comparison
This paper uses recently developed robust estimation methods to empirically reassess the long-standing inflation-unemployment trade-off debate. Indeed, we study to what extent unemployment-based New Keynesian Phillips Curves are informative about the relationship between inflation dynamics and labo...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Coimbra University Press
2022-06-01
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Series: | Notas Económicas |
Subjects: | |
Online Access: | https://impactum-journals.uc.pt/notaseconomicas/article/view/11109 |