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...

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Bibliographic Details
Main Authors: Vasco J. Gabriel, Young Bae Kim, Luis Martins, Paul Middleditch
Format: Article
Language:English
Published: Coimbra University Press 2022-06-01
Series:Notas Económicas
Subjects:
Online Access:https://impactum-journals.uc.pt/notaseconomicas/article/view/11109

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