We explore the impact of inflation and its variability on the output‐inflation trade‐off using a
single‐step approach in a panel data context. Previous empirical approaches focus on …

This paper develops a series of tests to check whether the New Keynesian nominal rigidity
hypothesis on the output-inflation tradeoff withstands new evidence. In so doing, I …

The paper determines the effects of the 3–6% inflation targeting band (IT) band on short-run
output-inflation trade-off in South Africa compared to inflation above 6%. In addition, we …

Previous work assessing the results of Lucas [Lucas, R., 1972, Expectations and the
neutrality of money, Journal of Economic Theory 4, 103–124.] and the inflation–output trade …

This aim of this paper is to give a contribution to the debate on whether output-inflation trade-
offs are negatively influenced by the mean of inflation (as postulated by new-Keynesians) or …

This letter reconsiders the empirical tests of the new Keynesian and new classical models
performed by Ball, Mankiw, and Romer (Brookings Papers on Economic Activity, 1, 1988) …

As oil exports remain the main source of income for the Russian economy, the ongoing
plunging of global oil prices is causing severe adverse supply shock and cost-push inflation …

Ücret enflasyonu ve işsizlik arasındaki ters yönlü ilişkinin varlığının gösterildiği Geleneksel
Phillips Eğrisi 1980'li yıllarda ücret ve fiyat yapışkanlıkları ve piyasa başarısızlıkları …

Technological advancement in information technology, communication and transportation
has made the world more connected than ever. The close connectivity between one country …

The essay argues that the influential Washington Consensus neo-liberal economic
philosophers assume that market and price mechanisms should be promoted to achieve …