Results 141 to 150 of about 3,173,504 (270)

A Real Business Cycle Model of the Phillips Curve [PDF]

open access: yes
The aim of this article is to show that RBC models can account for the so-called Phillips curve. We propose an efficiency wage model in which money is introduced via a cash-in-advance constraint.
Muñoz Rafael
core  

Using Instrumental Varibles to Estimate the Share of Backward- Looking Firms [PDF]

open access: yes
This paper examines the small-sample distribution of the instrumental variables (IV) estimation procedure employed by Gali and Gertler (1999) to assess the empirical fit of the New Keynesian Phillips Curve (NKPC) and the hybrid Phillips Curve (HPC ...
Lars Sondergaard
core  

Some Preliminary Evidence on the Globalization-Inflation Nexus. [PDF]

open access: yes
This paper aims at evaluating the impact of globalization, if any, on inflation and the inflation process. We estimate standard Phillips curve equations on a panel of OECD countries over the last 25 years.
Guilloux, S., Kharroubi, E.
core  

The Tradeoff between Inflation and the Real Economy: Forward-Looking Behavior and the Inflation Premium [PDF]

open access: yes
We use the inflation premium—the difference between nominal and real interest rates—as a proxy for expected inflation in the context of the New Keynesian Phillips Curve.
Erika Gulyas, Richard Startz
core  

Comment to "Weak instruments robust tests in GMM and the New Keynesian Phillips curve" by Frank Kleibergen and Sophocles Mavroeidis [PDF]

open access: yes
I discuss the identifiability of a structural New Keynesian Phillips curve when it is embedded in a small scale dynamic stochastic general equilibrium model.
Fabio Canova
core  

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