Results 91 to 100 of about 3,173,504 (270)
Research in Economics, 2019 As the US labor market has tightened beyond full employment with relatively little evidence of inflation pressure, observers are increasingly inclined to declare the demise of the Phillips curve, that is, the flattening of its slope to zero.
P. Hooper, F. Mishkin, Amir Sufi
semanticscholar +1 more source
A Survey on Inflation and Unemployment in Iran [PDF]
فصلنامه پژوهشهای اقتصادی ایران, 2010 Since Phillips’ paper in 1958, the literature Phillips curve has witnessed many changes. With a new look, the present study pursues to explain inflation shocks and their relation with unemployment, using a time series data for the period 1965-2005.
Seyed Safdar Hosseini, Heydar GholiZadeh
doaj
Low Inflation Bends the Phillips Curve around the World
Economía, 2022 This paper finds strong support for a Phillips curve that becomes nonlinear when inflation is “low”—which our baseline model defines as less than 3 percent.
Kristin J. Forbes +2 more
doaj
Monetary Policy and the Hybrid Phillips Curve [PDF]
This paper argues that existing empirical models of interest rate rules are too simplistic. The hybrid Phillips curve implies that policymakers should respond to both current and expected future inflation rates, in contrast to existing models. We provide
Christopher Martin, Costas Milas
core
Unemployment, disequilibrium and the short run phillips curve: An econometric approach [PDF]
, 1986 Richard E. Quandt, Harvey S. Rosen
openalex +1 more source
Shocks and government beliefs: the rise and fall of American inflation [PDF]
The authors use a Bayesian Markov chain Monte Carlo algorithm to estimate a model that allows temporary gaps between a true expectational Phillips curve and the monetary authority’s approximating nonexpectational Phillips curve.
Noah Williams, Tao Zha, Thomas Sargent
core
Phillips Curve In A Small Open Economy: A Time Series Exploration Of North Cyprus [PDF]
Paradigms, 2011 he paper explores the existence and the stability of Phillips curve for North Cyprus, a small developing economy, using time series data. ADF unit root test is employed to check for stationarity.
Muhammad Shahbaz +2 more
doaj
Non-stationary inflation and panel estimates of the n ew Keynesian Phillips curve for Australia [PDF]
This paper uses a recent panel method of Russell and Banerjee (2008) to estimate the new Keynesian Phillips curve for Australia. Our estimates show that while the hybrid new Keynesian Phillips curve and backward looking conventional Phillips curve are ...
Esposito, Piero +2 more
core +1 more source
From Phillips curve to wage curve [PDF]
De Economist, 1992 In most traditional macroeconomic models for The Netherlands the wage equation is specified by a Phillips curve, in which wage growth is negatively related to the unemployment rate. This paper shows, however, that wage formation can better be described by the so-called wage curve, in which the wage level, instead of wage growth, depends negatively on ...
openaire +1 more source