The Time- and Frequency-Dependent Interactions of GDP, Unemployment, and Inflation

Abstract

Unemployment and Inflation explores the dynamic relationships among GDP, unemployment, and inflation over time and across different frequency bands. The paper employs advanced time series analysis techniques to examine how these vital macroeconomic variables interact at different time scales, shedding light on their complex and evolving interdependencies. By investigating both time and frequency domains, the research aims to comprehensively understand the simultaneous and lagged effects of GDP, unemployment, and inflation on each other. The findings of this article have important implications for policymakers, economists, and financial market participants in understanding the intricate nature of these interactions and their impact on economic stability and growth. This research contributes to the broader understanding of macroeconomic dynamics and offers insights into the potential implications for policy formulation and decision-making in prevailing economic conditions.