Potential links between inflation, π(t), and unemployment, UE(t), in Germany have been examined. There exists a … negative relation between inflation and unemployment with the latter leading the former by one year: UE(t-1) = -1.50π(t) + 0 ….116. Effectively, growing unemployment has resulted in decreasing inflation since 1971, i.e. for the period where GDP deflator …

This study investigates the effect of CBDC issuance on economic growth rate and inflation rate in Nigeria. We are … interested in determining whether the rate of economic growth and inflation changed significantly after the issuance of a non …-interest bearing CBDC in Nigeria. Two-stage least square regression and granger causality test were used to analyse the data. Inflation …

This paper investigates the quantitative importance of various types of frictions for inflation and nominal interest …