Results 11 to 20 of about 322,281 (349)
Market Polarization and the Phillips Curve [PDF]
SSRN Electronic Journal, 2021 Summary of Banco de España Working Paper no ...
Andrés Domingo, Javier Angel +2 more
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The New Keynesian Phillips curve and the effects of domestic inflation drivers in the Republic of Serbia [PDF]
Economic Horizons, 2020 This study investigates the validity of the New Keynesian Phillips curve in the Republic of Serbia. By means of empirical analysis, the impact of domestic inflation drivers, i.e.
Vladimir Mihajlovic
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Inflation or output targeting? Monetary policy appropriateness in south Africa
PSL Quarterly Review, 2016 The design and implementation of monetary policy in South Africa has been based on the idea of a trade-off between inflation and output growth. However, in the empirical literature there is no consensus on the existence of a Phillips curve in present ...
Temitope Leshoro +1 more
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Phillips Curve Estimation During Tranquil and Recessionary Periods: Evidence From Panel Analysis
İstanbul İktisat Dergisi, 2019 The empirical literature that covers Phillips Curve analysis during recessionary periods is notably scant. The Great Recession has rekindled a debate on the validity and stability of the Phillips Curve which is still ongoing. The basis for this debate is
Yhlas Soybetov
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Is there a Phillips Curve in Pakistan? [PDF]
The Pakistan Development Review, 2022 Since the publication of A.W. Phillip's (1958) influential paper on the relationship between unemployment and the rate of change of the money wage rate, count• less studies have appeared to refine, reformulate and re-estimate structural equations explaining the rates of change in the wage rates and the price level or inflation rates.
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The Phillips curve in Australia [PDF]
Journal of Monetary Economics, 1999 Abstract In this paper we discuss the development of Phillips curves in Australia over the forty years since Phillips first estimated one using Australian data. We examine the central issues faced by researchers estimating Australian Phillips curves.
Gruen, David +2 more
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Envy, Guilt, and the Phillips Curve [PDF]
SSRN Electronic Journal, 2012 Abstract We incorporate inequality aversion into an otherwise standard New Keynesian dynamic stochastic equilibrium model with Calvo wage contracts and positive inflation. Workers with relatively low incomes experience envy, whereas those with relatively high incomes experience guilt.
Steffen Ahrens +4 more
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The Mittag-Leffler Fitting of the Phillips Curve
Mathematics, 2019 In this paper, a mathematical model based on the one-parameter Mittag-Leffler function is proposed to be used for the first time to describe the relation between the unemployment rate and the inflation rate, also known as the Phillips curve. The Phillips
Tomas Skovranek
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Market Power, NAIRU, and the Phillips Curve
Abstract and Applied Analysis, 2020 We explore the relationship between unemployment and inflation in the United States (1949-2019) through both Bayesian and spectral lenses. We employ Bayesian vector autoregression (“BVAR”) to expose empirical interrelationships between unemployment ...
Derek Zweig
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Vacancies, unemployment, and the Phillips curve [PDF]
European Economic Review, 2008 Abstract The canonical new Keynesian Phillips curve has become a standard component of models designed for monetary policy analysis. However, in the basic new Keynesian model, there is no unemployment, all variation in labor input occurs along the intensive hours margin, and the driving variable for inflation depends on workers’ marginal rates of ...
Ravenna, Federico, Walsh, Carl E.
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