Please read the attached two peer-reviewed journal articles and develop a minimum 1,200-word essay (not including abstract, title, and reference pages) by addressing the following topics.
Chletsos, M., Drosou, V., & Roupakias, S. (2016). Can Philips Curve explain the recent behavior of inflation? Further evidence from USA and Canada. The Journal of Economic Asymmetries. 14, 20-28.
Bhattarai, K. (2016). Unemployment-inflation trade-offs in OECD countries. Economic Modeling. 58, 93-103.
1. Provide a brief summary of major findings on the relationship between unemployment and inflation from each article.
2. Compare and contrast views and perspectives discussed in both articles.
3. Discuss main contributions of each article to the knowledge on the short/long relationship between unemployment and inflation? In other words, how does each article deal with the concept of inflation-unemployment trade-offs differently, compared to existing literature?
Requirements
– Paper must take the following structure by including headings as follows:
1.Abstract
Body
1. Summary of Major Findings
2. Compare/Contrast
3. Main Contribution of Each Article
4. Conclusion
– All papers must use a minimum of 7 credible sources, preferably peer-reviewed journal articles.
– Do not copy sentences and paragraphs directly from the original articles but paraphrase them using your own words.
– You MUST NOT cite online sources or any articles without year of publication and author’s name. Also, you should not cite Wikipedia and investopedia.
– All papers must follow all APA requirements.
– Do not just provide your opinions but your essay must demonstrate mastery and accuracy of relevant economic concepts and theory
