Results 11 to 20 of about 28,357 (252)
Aggregating Phillips Curves [PDF]
SSRN Electronic Journal, 2007 The New Keynesian Phillips Curve is at the center of two raging empirical debates. First, how can purely forward looking pricing account for the observed persistence in aggregate inflation. Second, price-setting responds to movements in marginal costs, which should therefore be the driving force to observed inflation dynamics.
Imbs, Jean +2 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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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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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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THE PHILLIPS CURVE IN ITALY [PDF]
Economia e Desenvolvimento, 2014 The estimation of the Phillips curve in Italy, using the wage inflation rate as a dependent variable, based on annual data from the period 1961-2012, using the Johansen Method, allows us to conclude two things. Firstly, in the long term, there are two long-term relationships: the wage inflation rate relates positively to the inflation rate, negatively ...
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The Estimation of Traditional Phillips Curve
Ekonomika, 2023 This article presents theoretical foundations for original Phillips curve formulation and an empirical investigation, where the structure of the theoretical model serves as a template for the creation of the empirical model.For a couple of decades the majority of empirical Phillips curve type assessments are performed using the New Keynesian Phillips ...
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Phillips Curve: An Empirical Research on Romania [PDF]
Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics, 2020 This paper analyses the Phillips curve for Romania, eventually choosing the optimal type of model, while also analysing the implications on monetary policy.
Cristina Gabriela ZAMFIR +1 more
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Empirical Analysis on The Existence of The Phillips Curve
MATEC Web of Conferences, 2018 The Phillips curve shows the trade-off relationship between the inflation and unemployment rates. A rise in inflation due to the high economic growth, more jobs are available and therefore unemployment will fall.
Shaari Mohd Shahidan +3 more
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A wavelets-based analysis of the phillips curve hypothesis for the Brazilian economy, 1980-2011
Economia Aplicada, 2013 This paper implements a wavelets-based analysis of the Phillips curve hypothesis — as formulated by Friedman and Phelps — for the Brazilian economy, concerning the last thirty years.
Edgard Almeida Pimentel
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