Results 151 to 160 of about 331,163 (349)

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  

Overcoming the Forecast Combination Puzzle: Lessons from the Time-Varying Efficiency of Phillips Curve Forecasts of U.S. Inflation

, 2014
Christopher G. Gibbs
openalex   +1 more source

Validating Explainer Methods: A Functionally Grounded Approach for Numerical Forecasting

Journal of Forecasting, EarlyView.
ABSTRACT Forecasting systems have a long tradition in providing outputs accompanied by explanations. While the vast majority of such explanations relies on inherently interpretable linear statistical models, research has put forth eXplainable Artificial Intelligence (XAI) methods to improve the comprehensibility of nonlinear machine learning models. As
Felix Haag, Konstantin Hopf, Thorsten Staake   +2 more
wiley   +1 more source

Choice of Aggregate Demand Proxy and its Affect on Phillips Curve Nonlinearity: U.S. Evidence [PDF]

Using nonlinearity testing and modeling associated with the smooth transition regression model we examine how the choice of aggregate demand proxy affects, if at all, the nonlinearity of the Phillips curve.
Derek Stimel
core  

Low Inflation Bends the Phillips Curve Around the World

, 2020
Kristin J. Forbes, Joseph Gagnon, Christopher G. Collins   +2 more
openalex   +1 more source

The Long-Run Phillips Curve is ... A Curve

, 2023
Guido Ascari, Paolo Bonomolo, Qazi Haque
openalex   +1 more source

Forecasting New Employment Using Nonrepresentative Online Job Advertisements With an Application to the Italian and EU Labor Market

Journal of Forecasting, EarlyView.
ABSTRACT Using online job advertisement data improves the timeliness and granularity depth of analysis in the labor market in domains not covered by official data. Specifically, its variation over time may be used as an anticipator of official employment variations.
Pietro Giorgio Lovaglio, Mario Mezzanzanica   +1 more
wiley   +1 more source

Sticky information Phillips curves: European evidence [PDF]

We estimate the sticky information Phillips curve model of Mankiw and Reis (2002) using survey expectations of professional forecasters from four major European economies.
Dovern, Jonas, Döpke, Jörg, Fritsche, Ulrich, Slacalek, Jiri   +3 more
core  

When the Tail Wags the Dog: A Time‐Varying FCVAR Analysis of Bitcoin Market

Journal of Futures Markets, EarlyView.
ABSTRACT This paper examines how the relationship between Bitcoin spot and futures markets has evolved using a time‐varying Fractionally Cointegrated Vector Autoregressive (FCVAR) model. We are the first to apply this methodology dynamically to cryptocurrency markets, allowing us to simultaneously analyze long‐run equilibrium, pricing patterns, market ...
Filippo di Pietro, Antonio A. Golpe, Jose Carlos Vides   +2 more
wiley   +1 more source