by governments concerned with the costs of inflation and unemployment, as well as with redistribution to particular …, or of central bank conservativeness are associated with lower unemployment and inflation. However the forward shifting of … changes in either labor taxes or in unemployment benefits to labors costs is larger the higher are those institutional …

monopolistically competitive firms and through them on unemployment, inflation and welfare? Second, how are labour taxes and … that strives to minimize the combined costs of inflation and of unemployment, and a continuum of monopolistically … questions are investigated. First, what is the impact of exogenously given labour taxes and unemployment benefits on the choice …

unemployment. But many orthodox reforms of the labor market have proved difficult to implement because of political opposition. For …

In this paper we analyse the underlying causes behind Spanish unemployment which is now at 24%. We interpret this … labour market institutions. Our aim is to explain the main sources of shocks to unemployment, and the most relevant features …

significant permanent trade-off between inflation and unemployment at the macro level when inflation is less than 5%. Combining …The Inflation-Control Agreement between the Government and the Bank of Canada is reviewed and renewed every five years …. In this paper, I propose that the upcoming 2016 agreement increase the inflation target by 2 percentage points, from the …

past times of low productivity, price inflation and reductions in unemployment put significant upward pressure on wage … contributions of prices, unemployment, replacement rates and taxes by means of an econometrically estimated non-linear wage equation …

tax and transfer systems. With constant primary deficits, there exist two steady-states, and the price level and inflation … experiments to illustrate how redistribution and precautionary saving amplify price level increases in response to fiscal … in the long-run real interest rate, leading to higher inflation for any given monetary policy. Our work highlights the …

unemployment. But many orthodox reforms of the labor market have proved difficult to implement because of political opposition. For …