Results 1 to 10 of about 327,732 (299)
The Phillips curve in Iran: econometric versus artificial neural networks [PDF]
Heliyon, 2019 In this paper, we develop a function of inflation, unemployment, liquidity and real effective exchange rate by applying Autoregressive Distributed Lag (ARDL) and Artificial Neural Networks (ANN).
Sayyed Abdolmajid Jalaee +2 more
doaj +4 more sources
The Mittag-Leffler Fitting of the Phillips Curve
Mathematics, 2019 In this paper, a mathematical model based on the one-parameter Mittag-Leffler function is proposed to be used for the first time to describe the relation between the unemployment rate and the inflation rate, also known as the Phillips curve. The Phillips
Tomas Skovranek
doaj +5 more sources
State-Dependent Phillips Curve
EconomiesWe propose a state-dependent Phillips curve (PC) where the regime has changed endogenously. Using this framework, a free-standing PC is constructed. This study tests the robustness of the model, various types of inflation, slack measures, and various ...
Hyun Hak Kim, Na Kyeong Lee
doaj +3 more sources
Competition and regional Phillips curve: Evidence from China. [PDF]
PLoS ONEThe product market competition affects the non-neutrality of monetary policy. This paper quantitatively assesses its impact on the slope of the Phillips curve through the channels of nominal and real rigidity.
Shukai Du
doaj +2 more sources
Understanding the Flattening Phillips Curve [PDF]
The North American Journal of Economics and Finance, 2010 Policy-makers have recently noted an apparent flattening of the Phillips curve. The implications of such a change include that a positive output gap would be less inflationary, but the cost of reducing inflation, once established, would increase.
Ken Kuttner, Tim Robinson
core +2 more sources
Issues Regarding the Inclusion of the Real Interest Rate with other factors in Phillips Curve Analysis [PDF]
Financial Markets, Institutions and Risks, 2022 This paper summarizes the arguments and counterarguments within the scientific discussion on the issue regarding the Inclusion of the Real Interest Rate with other factors in Phillips Curve Analysis. The main purpose of the article is to cause economists
Paul F. Gentle
doaj +1 more source
Evaluation of inflation and unemployment and plotting the Philips curve of the Czech Republic [PDF]
SHS Web of Conferences, 2022 The Phillips curve was supposed to mean an expansion of the doctrine based on the original regulatory ideas of J. M. Keynes. At the time of its inception (1950s), it gave governments theoretical hope, coming from the possibility of choosing a negative ...
Krulický Tomáš +2 more
doaj +1 more source
Advances in estimating the Phillips curve
Journal of Applied Economics, 2022 Many studies have documented the missing relationship between PCE inflation and the labor market slack in the last 20 years. This paper first presents evidence of a strong sensitivity of price inflation to labor market tightness once we remove the late ...
Hany Guirguis, Tin Shan (Michael) Suen
doaj +1 more source
External competition flattens the Phillips Curve
Revista de Economía Mundial, 2022 In this paper we elaborate an open economy Phillips curve (OEPC) with micro-founded analysis, in which external competition significantly impacts the domestic inflation rate.
Alfonso Camba Crespo +2 more
doaj +1 more source
Aggregating Phillips Curves [PDF]
SSRN Electronic Journal, 2007 The New Keynesian Phillips Curve is at the center of two raging empirical debates. First, how can purely forward looking pricing account for the observed persistence in aggregate inflation. Second, price-setting responds to movements in marginal costs, which should therefore be the driving force to observed inflation dynamics.
Imbs, Jean +2 more
openaire +4 more sources