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

Publication: Getafe [Madrid] : Universidad Carlos III, Departamento de Economía, 1997Physical description: 42 p. ; 30 cmSeries: (Working paper ; 97-53. Economics Series ; 24)Notes: 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.Materia / lugar / evento: Inflación Análisis económico Desempleo España Modelos analíticos Otros autores: López-Salido, David
Vega, Juan Luis
Universidad Carlos III de Madrid, Departamento de Economía
Secondary series: Working paper ; 97-53. Economics Series ; 24 Other categories: 921.4