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
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Wirtschaft
- Subject
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unemployment
Phillips curve
nominal inertia
monetary policy
forward-looking expectations
inflation
Phillips-Kurve
Mikroökonomische Fundierung
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Graham, Liam
Snower, Dennis J.
- Event
-
Veröffentlichung
- (who)
-
Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2002
- Handle
- Last update
-
10.03.2025, 11:46 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Graham, Liam
- Snower, Dennis J.
- Institute for the Study of Labor (IZA)
Time of origin
- 2002