Unemployment and inflation
This note explores the relationship between the rate of inflation and the rate of unemployment. The note discusses the short run trade-off between inflation and unemployment and shows how this trade-off disappears in the long run.
Collection: IESE (España)
Ref: ASEN-205-E
Format: PDF
Number of pages: 8
Publication Date: Mar 1, 1998
Language: English, Spanish
Description
This note explores the relationship between the rate of inflation and the rate of unemployment. The note discusses the short run trade-off between inflation and unemployment and shows how this trade-off disappears in the long run.
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