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...The unemployment inflation trade off in euro area tobias linzert european central bank and iza bonn discussion paper no july p o box germany phone fax email org any opinions expressed here are those of author s not institute research disseminated by may include views on policy but itself takes institutional positions for study labor is a local virtual international center place communication between science politics business an independent nonprofit company supported deutsche post world net associated with university offers stimulating environment through its networks support visitors doctoral programs engages i original internationally competitive all fields economics ii development concepts iii dissemination results to interested public papers often represent preliminary work circulated encourage citation such should account provisional character revised version be available directly from abstract this analyzes relationship wage countries combination low high europe usually attribute...