Centro de Documentacion de Fundación MAPFRE - Spanish unemployment and inflation persistence : are there Phillips trade-offs?

MAP20070028508

Spanish unemployment and inflation persistence : are there Phillips trade-offs? / Juan J. Dolado, David López-Salido and Juan Luis Vega. — Getafe [Madrid] : Universidad Carlos III, Departamento de Economía, 1997

42 p. ; 30 cm . — (Working paper ; 97-53. Economics Series ; 24)

Sumario: This paper studies the joint dynamic behaviour of inflation and unemployment in Spain during the period 1964-1995. In particular, we analyze the implication of hysteresis and high inflation persistence for inference regarding Philips trade offs and sacrifice ratios in the Spain economy, in response to a demand shock

1. Inflación . 2. Análisis económico . 3. Desempleo . 4. España . 5. Modelos analíticos . I. López-Salido, David . II. Vega, Juan Luis . III. Universidad Carlos III de Madrid, Departamento de Economía . IV. Working paper ; 97-53. Economics Series ; 24 . V. Título.