Karanassou, Marika (contributor); Sala, Hector (contributor) - 2008
This paper takes a new look at the long-run dynamics of inflation and unemployment in response to permanent changes in …, we construct an empirical model of the Spanish economy and, in this context, we evaluate the long-run inflation …-unemployment tradeoff for Spain and examine how recent policy changes have affected it. -- Inflation-unemployment tradeoff ; Phillips curve …