The unemployment–inflation trade-off revisited: The Phillips curve in COVID times
Richard K. Crump, Stefano Eusepi, Marc Giannoni, Ayşegül Şahin
Topics & Concepts
DisinflationPhillips curveEconomicsUnemploymentInflation (cosmology)Keynesian economicsCoronavirus disease 2019 (COVID-19)Natural rate of unemploymentMisery indexNew Keynesian economicsMonetary policyConvergence (economics)Full employmentOutput gapMonetary economicsMacroeconomicsUnemployment rateInfectious disease (medical specialty)Theoretical physicsPhysicsDiseasePathologyMedicineEmployment and Welfare StudiesEconomic Theory and PolicyFiscal Policy and Economic Growth