Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/2921
Authors: 
Graham, Liam
Snower, Dennis J.
Year of Publication: 
2002
Series/Report no.: 
IZA Discussion paper series 646
Abstract: 
This paper shows that the interaction between money growth and staggered nominal contracts gives rise to a long-run inflation-unemployment tradeoff.
Subjects: 
unemployment
Phillips curve
nominal inertia
monetary policy
forward-looking expectations
inflation
JEL: 
E5
E4
E3
E2
Document Type: 
Working Paper

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