Results 11 to 20 of about 3,173,504 (270)
Issues Regarding the Inclusion of the Real Interest Rate with other factors in Phillips Curve Analysis [PDF]
Financial Markets, Institutions and Risks, 2022 This paper summarizes the arguments and counterarguments within the scientific discussion on the issue regarding the Inclusion of the Real Interest Rate with other factors in Phillips Curve Analysis. The main purpose of the article is to cause economists
Paul F. Gentle
doaj +1 more source
Evaluation of inflation and unemployment and plotting the Philips curve of the Czech Republic [PDF]
SHS Web of Conferences, 2022 The Phillips curve was supposed to mean an expansion of the doctrine based on the original regulatory ideas of J. M. Keynes. At the time of its inception (1950s), it gave governments theoretical hope, coming from the possibility of choosing a negative ...
Krulický Tomáš +2 more
doaj +1 more source
Advances in estimating the Phillips curve
Journal of Applied Economics, 2022 Many studies have documented the missing relationship between PCE inflation and the labor market slack in the last 20 years. This paper first presents evidence of a strong sensitivity of price inflation to labor market tightness once we remove the late ...
Hany Guirguis, Tin Shan (Michael) Suen
doaj +1 more source
Inflation persistence, noisy information and the Phillips curve
Documento de trabajo, 2023 A vast literature has documented how US inflation persistence has fallen in recent decades, but this finding is difficult to explain in monetary models.
Jose E Gallegos
semanticscholar +1 more source
External competition flattens the Phillips Curve
Revista de Economía Mundial, 2022 In this paper we elaborate an open economy Phillips curve (OEPC) with micro-founded analysis, in which external competition significantly impacts the domestic inflation rate.
Alfonso Camba Crespo +2 more
doaj +1 more source
Economies, 2023 This paper investigates the impact of inflation in different states of unemployment: evidence with the Phillips curve in South Africa. The contribution of this paper is to examine the impact of inflation on different states of unemployment in South ...
E. M. Buthelezi
semanticscholar +1 more source
Has the Phillips Curve Become Steeper?
IMF Working Papers, 2023 This paper analyzes whether structural changes in the aftermath of the pandemic have steepened the Phillips curves in advanced economies, reversing the flattening observed in recent decades and reducing the sacrifice ratio associated with disinflation ...
Anil Ari
semanticscholar +1 more source
Breaks in the Phillips Curve: Evidence from Panel Data
Finance and Economics Discussion Series, 2023 We revisit time-variation in the Phillips curve, applying new Bayesian panel methods with breakpoints to US and European Union disaggregate data. Our approach allows us to accurately estimate both the number and timing of breaks in the Phillips curve. It
Simon C. Smith +2 more
semanticscholar +1 more source
Who Killed the Phillips Curve? A Murder Mystery
Finance and Economics Discussion Series, 2022 Is the Phillips curve dead? If so, who killed it? Conventional wisdom has it that the sound monetary policy since the 1980s not only conquered the Great Inflation, but also buried the Phillips curve itself. This paper provides an alternative explanation:
David Ratner, J. Sim
semanticscholar +1 more source
The role of oil prices in Philips curve modelling and forecasting of inflation
Journal of Economic and Financial Sciences, 2020 Orientation: The availability of an accurate and a reliable quantitative method for forecasting the behaviour of inflation is of importance, given the emphasis on price stability by central banks.
Ojo J. Adelakun, Harold Ngalawa
doaj +1 more source