Arbeitslosigkeit liefern und dass die auf dieser Analyse aufbauenden wirtschaftspolitischen Empfehlungen und Maßnahmen daher …

In Canada, targeting the inflation rate was intended as a temporary measure on a journey to price-level stability, but … account, changing beliefs about the stability or otherwise of ongoing inflation, the capacity of a flexible exchange rate to … create a vicious circle of depreciation and rising domestic prices, and about the roles played by the natural unemployment …

, inflation and unemployment, we detect a wrong sign in the response of inflation to contractionary monetary policy shocks … significant unemployment inflation trade-off emerges. These conclusions are confirmed by using industrial production instead of … 1999-2019, when the Federal Funds Rate and the Euro-Dollar exchange rate are added to the VAR model inflation shows …