We examine the relationship between inflation and unemployment in the long run,using quarterly US data from 1952 to … 2010. Using a band-pass filter approach, we find strong evidence that a positive relationship exists, where inflation leads … Berentsen, Menzio, and Wright (2011): the relationship between inflation and unemployment is positive in the long run. …

-2000. Observed changes in these elasticities are decomposed into changes due to inflation, real income growth, changes in fiscal …

In this paper the relationship between inflation and stock returns in Australia is examined. It is found that increases … persistent increases in inflation affect real returns cannot be addressed using the Australian data. …

inflation and the unemployment rate in Australia. The implied time-varying equilibrium unemployment rate was generated and the …

This paper considers a central bank with a zero inflation target and a fiscal authority with a differing objective …. Situations in which the fiscal authority is able to exploit the central bank's commitment to zero inflation sre examined. …

We study the effects of growth volatility and inflation volatility on average rates of output growth and inflation for … the conditional covariance of inflation and growth to be both nondiagonal and asymmetric. We show that the data reject … increased growth uncertainty is associated with significantly higher average growth, and that higher inflation uncertainty is …

inflation. …

Unit root and stationarity test suggest that shocks to quarterly US, Japanese and UK inflation are infinitely …-linearity. The evidence suggests that inflation is well described as a two-regime covariance stationary threshold process. Shocks to … inflation are highly persistent in one regime, but have finite lives in the other regime. A small-scale Monte-Carlo experiment …