Results 11 to 20 of about 4,558,212 (349)
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
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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
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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.
José-Elías Gallegos
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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
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Price Setting Frequency and the Phillips Curve
Social Science Research Network, 2023 We develop a New Keynesian (NK) model with endogenous price setting frequency. Whether a firm updates its price in a given period depends on an analysis of expected cost and benefits modelled by a discrete choice process.
Emanuel Gasteiger, A. Grimaud
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The Long-Run Phillips Curve is ... A Curve
Social Science Research Network, 2023 In U.S. data, inflation and output are negatively related in the long run. A Bayesian VAR with stochastic trends generalized to be piecewise linear provides robust reduced-form evidence in favor of a threshold level of trend inflation below which ...
G. Ascari, Paolo Bonomolo, Qazi Haque
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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
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Low Inflation Bends the Phillips Curve around the World
Social Science Research Network, 2021 This paper finds strong support for a Phillips curve that becomes nonlinear when inflation is “low”—which our baseline model defines as less than 3 percent.
Kristin J. Forbes +2 more
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Macroeconomic Determinants of Unemployment in Somalia: The Case of Okun’s Law and the Phillips Curve
Asian Economic and Financial Review, 2022 This study aims to assess the impact of economic growth and inflation on unemployment in Somalia by testing the Phillips curve and Okun’s law hypothesis utilizing the autoregressive distributed lag (ARDL) model and time series data covering the period ...
A. A. Warsame +3 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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