Money Largely Accounts for Increased Unemployment during Stagflation, Shows a Recent Study

Authors

Knowledge@SMU

Publication Type

Journal Article

Publication Date

10-2008

Abstract

Is there a relation between money, measured by inflation or interest rates, and unemployment? According to Aleksander Berensten, Guido Menzio and Randall Wright -- co-authors of a recent paper on “Inflation and Unemployment in the Long Run” -- there is a strong positive relation. Wright, who is professor of economics at Wharton, presented a seminar based on their paper at the Singapore Management University’s School of Economics.

Disciplines

Accounting | Business | Finance and Financial Management

Copyright Owner and Holder

Copyright © Singapore Management University 2012

Licece/Creative Commons Licence

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.

Article ID

1164

Subject(s)

Finance and Accounting

Citation

Knowledge@SMU. Money Largely Accounts for Increased Unemployment during Stagflation, Shows a Recent Study. (2008).
Available at: https://ink.library.smu.edu.sg/ksmu/65