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Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises
Crisis and Commitment Inflation Credibility the Vulnerability Sovereign Debt Crises
2014/3/12
We propose a continuous time model of nominal debt and investigate the role of inflation credibility in the potential for self-fulfilling debt crises. Inflation is costly, but reduces the real value o...
Inflation and unemployment in Switzerland: from 1970 to 2050
inflation unemployment labour force forecasting Switzerland
2011/3/23
An empirical model is presented linking inflation and unemployment rate to the change in the level of labour force in Switzerland. The involved variables are found to be cointegrated and we estimate l...