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An evaluation of the inflationary pressure associated with short- and long-term unemployment

Michael Kiley

Economics Letters, 2015, vol. 137, issue C, 5-9

Abstract: The role of long-term unemployment in inflationary pressures has been examined in academic studies and discussed by policymakers. I demonstrate econometric weaknesses in previous studies, propose a solution based on regional variation, and present new evidence.

Keywords: Phillips curve; Long-term unemployment; Regional macroeconomics (search for similar items in EconPapers)
JEL-codes: E3 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (33)

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Working Paper: An Evaluation of the Inflationary Pressure Associated with Short- and Long-term Unemployment (2014) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:137:y:2015:i:c:p:5-9

DOI: 10.1016/j.econlet.2015.10.005

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