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 …

This letter reconsiders the empirical tests of the new Keynesian and new classical models
performed by Ball Mankiw and Romer and Akerlof, Rose and Yellen. The original tests …

This paper investigates the nature of the short-run output-inflation trade-off and policy
effectiveness in African less developed countries. Using a sample of thirteen countries over …

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 paper reinvestigates the relationship between the output-inflation trade-off and the
variances of the rate of change of nominal income and the price level, and the relationship …

Several researchers have examined Lucas' misperceptions model as well as various
propositions derived from it within a cross-section empirical framework. The cross-section …

Makroekonomik teori ve politika literatüründe son 30-40 yıl içinde yaşanan değişmelerin ve
süregelen tartışmaların odak noktasının enflasyon-işsizlik ya da enflasyonçıktı ilişkisini veren …

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

The East Asia countries were among the fastest growing economies in the world and of
increasing importance to the world economy. These countries have taken the lead in …