Results 111 to 120 of about 3,173,504 (270)
What Do New-Keynesian Phillips Curves Imply for Price-Level Targeting? [PDF]
J. Ramsey, William T. Gavin
openalex +1 more source
Monetary Union Stability: The Economics of the Phillips Curve: Formation of Inflation Expectations versus Incorporation of Inflation Expectations [PDF]
This paper examines the theory of the Phillips curve, focusing on the distinction between "formation" of inflation expectations and "incorporation" of inflation expectations. Phillips curve theory has largely focused on the former.
Thomas I. Palley
core
An estimation of the nonlinear Phillips Curve in Colombia [PDF]
Javier G. Gómez-Pineda+1 more
openalex +1 more source
How did we get to inflation targeting and where do we go now? a perspective from the U.S. experience [PDF]
This paper advances the hypothesis that the transition from there-is-little-central-banks-can-do-to-control-inflation to inflation targeting occurred because central banks, especially the Federal Reserve, demonstrated that central banks can control ...
Daniel L. Thornton
core
Long-Run Inflation-Unemployment Dynamics: The Spanish Phillips Curve and Economic Policy [PDF]
Marika Karanassou+2 more
openalex +3 more sources
Productivity Growth and the Phillips Curve [PDF]
We present a model in which workers' aspirations for wage increases adjust slowly to shifts in productivity growth. The model yields a Phillips curve with a new variable: the gap between productivity growth and an average of past wage growth. Empirically,
Laurence Ball, Robert Moffitt
core
Has globalisation changed the Phillips curve? Firm-level evidence on the effect of activity on prices [PDF]
The flattening of the Phillips curve observed in the industrial countries has been attributed to globalisation, while the traditional explanation centres on monetary policy credibility. The empirical literature is not conclusive, since macroeconomic data
Eugenio Gaiotti
core
Validity of the Phillips Curve in Türkiye: Wavelet Transform Coherence (WTC) Analysis
Inflation and unemployment, which play a crucial role in ensuring economic stability, have a complex relationship with each other. In this context, the aim of this study is to examine the validity of the Phillips curve in Türkiye by using the variables ...
İdris Yağmur
doaj +1 more source