Economics, Econometrics and Finance
4 years ago

Low inflation in Italy may lead to high unemployment, study finds.

Department of Economics University of Siena
Macroeconomic Implications of Near Rational Behavior: an Application to the Italian Phillips Curve
Novella Maugeri

Paper Summary

Related papers

Economics, Econometrics and Finance
8 years ago

New-Keynesian Economics Proven Essential for China's Policy Analysis!

Macroeconomic Analysis
2 views
Economics, Econometrics and Finance
8 years ago

Inflation and Unemployment: New Study Reveals Surprising Long-Term Relationship

Monetary Models
Macroeconomic Trends
2 views
Economics, Econometrics and Finance
4 years ago

Unemployment and Inflation Puzzle Solved: The Phillips Curve Reimagined

Macroeconomic Analysis
Public Finance
Labor Dynamics
2 views

The study looked at how inflation affects unemployment in Italy. They found that when inflation is too low, unemployment can be higher than it should be. The researchers used data from Italy after World War II to estimate short-term and long-term relationships between inflation and unemployment. They discovered that in Italy, there is a trade-off between inflation and unemployment at low and moderate inflation rates.