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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
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Is There a Trade‐Off between COVID‐19 Control and Economic Activity? Implications from the Phillips Curve Debate [PDF]
Asian Economic Policy Review, 2021 In this paper, we argue that the roles of public policies concerning COVID‐19 can be better understood in light of the past discussions on the Great Inflation of the 1970s and the 1980s.
Fukao M, Shioji E.
europepmc +2 more sources
المجلة العلمية للبحوث التجارية - جامعة المنوفيةThe Phillips curve has gone through several phases since 1958, from the traditional Phillips curve and the inverse relationship between unemployment and inflation, to the Friedman-Phillips curve and the natural rate of unemployment hypothesis, then the ...
فاروق فتحى السيد الجزار
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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
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A nuanced analysis of the post-pandemic steepening of the Phillips Curve
Central Bank ReviewRecent studies suggest that the Phillips Curve has become steeper in the post-Covid19 period. These studies used data from advanced economies and identified several factors for this phenomenon, including high inflation and de-globalization. These factors,
Tristan Canare
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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
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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
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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
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Breaks in the Phillips Curve: Evidence from Panel Data
Finance and Economics Discussion Series, 2023 We revisit time-variation in the Phillips curve, applying new Bayesian panel methods with breakpoints to US and European Union disaggregate data. Our approach allows us to accurately estimate both the number and timing of breaks in the Phillips curve. It
Simon C. Smith, A. Timmermann, J. Wright
semanticscholar +1 more source
Anatomy of the Phillips Curve: Micro Evidence and Macro Implications
Social Science Research Network, 2023 We develop a bottom-up approach to estimate the slope of the primitive form of the New Keynesian Phillips curve, which features marginal cost as the real activity variable. Using quarterly micro data on prices, costs, and output, we estimate dynamic pass-
Luca Gagliardone +3 more
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