-Okun relationship between investment and unemployment, c) we show the revival of the Phillips curve, especially in Germany, d) we test … reciprocal relationship. The variables considered are: unemployment, inflation, consumptions, investments and current accounts … unemployment-current account relationship, showing first the relationship between unemployment and final consumption, h) and then …

consumption and inflation thresholds are estimated; and e) Germany successfully passed through the European recession by sharply … as the main imbalances and identify consumption and investment slumps, prompted by fiscal consolidation, as the causes … unemployment level; c) mild deflation set in as a consequence of the consumption slump and oil price decline; d) breaks dates for …

petrodollars recycling contributed to significant changes in inflation performance in the U.S. We assume that the impact of … could have only a modest disinflationary effect on U.S. inflation. However, if some fundamental factors, such as these … countries’ exchange rates, demand and wage change (i.e. increase), then the downward pressure on U.S. inflation will be …

petrodollars recycling contributed to significant changes in inflation performance in the U.S. We assume that the impact of … could have only a modest disinflationary effect on U.S. inflation. However, if some fundamental factors, such as these … countries' exchange rates, demand and wage change (i.e. increase), then the downward pressure on U.S. inflation will be …

investments, reduced unemployment and increased labor migration. In the paper the system dynamics model, which describes … integration in the EU, but on its basis it is possible to create models of regional cohesion in Europe. …

Using a New Keynesian Phillips curve, we document the rapid and persistent increase in the natural rate of unemployment …, 𝑢𝑡 ∗ , in the aftermath of the pandemic and characterize its implications for inflation dynamics. While the bulk of the … inflation surge is attributed to temporary supply factors, we also find an important role for current and expected negative …

, 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 …

the implications of digitalisation for measurement, productivity, labour markets and inflation, as well as more recent …

result is that the model is able to generate persistent responses in output, inflation, and total labor input to both neutral …

which there are multiple equilibrium unemployment rates. The model has two equations in common with the new-Keynesian model …