NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Inflation and Unemployment in the Long Run

Aleksander Berentsen, Guido Menzio, Randall Wright

NBER Working Paper No. 13924
Issued in April 2008

---- Acknowledgements -----

For comments on earlier versions of this pro ject we thank Ken Burdett, Marcus Hagedorn, Alan Head, Nobu Kiyotaki, Bob Lucas, Iourii Manovskii, Dale Mortensen, and participants in seminars or conferences at Yale, Penn, NYU, SFU, UBC, Vienna, Rome, Glasgow, Edinburgh, Chicago, Northwestern, the Cleveland, Minneap olis, New York and Chicago Feds, the NBER Summer Institute, the Central Bank Conference in Bogota Colombia, the Canadian Macro Study Group in Montreal, and the Econometric So ciety Winter Meetings in New Orleans. We thank the NSF for research support. The usual disclaimer applies. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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