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This paper evaluates the success of Inflation Targeting on inflation and growth on a large panel data set of both … evidence to show that the support for a successful Inflation Targeting policy is very weak or non-existent. We use various … the process by which inflation targeting is hypothesised to influence inflation and growth, Section 3 surveys this …
Persistent link: https://www.econbiz.de/10012833231
This paper analyses the relation between US inflation and unemployment from the perspective of quot;frictional growth … policy has not only persistent, but permanent real effects, giving rise to a long-run inflation-unemployment tradeoff. We … the US unemployment and inflation trajectories during the nineties …
Persistent link: https://www.econbiz.de/10012776513
the PC and explain the evolution of inflation and unemployment in the US from 1970 to 2006. Since our empirical … and inflation, while the monetary expansion was quite ineffective and led mainly to higher inflation. Finally, the …
Persistent link: https://www.econbiz.de/10013158034
made in terms of several macroeconomic indicators, GDP, Unemployment, Inflation, Current Account Balances, and debt …
Persistent link: https://www.econbiz.de/10013077340
There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
Persistent link: https://www.econbiz.de/10013155560
Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in generations. Millions lost jobs and homes. At its peak, one in ten workers who wanted a job could not find one. On an annual basis, the economy contracted by more than it had since the...
Persistent link: https://www.econbiz.de/10013251540
Persistent link: https://www.econbiz.de/10001510723
Persistent link: https://www.econbiz.de/10001469036
inflation and unemployment. We focus on the G7 economies plus Spain, and use monthly data –high-frequency data in a macro …
Persistent link: https://www.econbiz.de/10013236402
to the area's viability. The ECB's policy to avoid any deflationary bias while stabilizing inflation at or around 2 per …
Persistent link: https://www.econbiz.de/10010362745