This paper discusses the short-mn tradeoff between inflation and unemployment. Economists have yet to provide a completely satisfactory explanation for it. This paper was prepared as the Harry Johnson Lecture at the annual meeting of the Royal Economic society.
This paper discusses the short-mn tradeoff between inflation and unemployment. Economists have yet to provide a completely satisfactory explanation for it. This paper was prepared as the Harry Johnson Lecture at the annual meeting of the Royal Economic society.
This paper discusses the short-mn tradeoff between inflation and unemployment. Economists have yet to provide a completely satisfactory explanation for it. This paper was prepared as the Harry Johnson Lecture at the annual meeting of the Royal Economic society.