Arbeitspapier
The return of the long-run Phillips curve
This paper shows that the interaction between money growth and staggered nominal contracts gives rise to a long-run inflation-unemployment tradeoff.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 646
Classification
Wirtschaft
Subject
unemployment
Phillips curve
nominal inertia
monetary policy
forward-looking expectations
inflation
Phillips-Kurve
Mikroökonomische Fundierung
Theorie
Phillips curve
nominal inertia
monetary policy
forward-looking expectations
inflation
Phillips-Kurve
Mikroökonomische Fundierung
Theorie
Event
Geistige Schöpfung
(who)
Graham, Liam
Snower, Dennis J.
Snower, Dennis J.
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2002
- Handle
- Last update
-
20.09.2024, 8:23 AM CEST
Object type
- Arbeitspapier
Associated
- Graham, Liam
- Snower, Dennis J.
- Institute for the Study of Labor (IZA)
Time of origin
- 2002
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