A Study on the Evolution of Subsequent Yield Surfaces for Ductile Cast Iron Under Different Pre-Deformation Loading Conditions. [PDF]
Huang S, Qin S, Pang J.
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A National-Scale Assessment of Bare-Nosed Wombat (<i>Vombatus ursinus</i>) Distribution Patterns, Using Multisource Data. [PDF]
Jiang Y +3 more
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Pharmacokinetics and tolerability of single-dose Staccato® alprazolam in adolescents with epilepsy, and population pharmacokinetic analysis to support dose selection in adolescents. [PDF]
Klein P +12 more
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Preclinical assay of the effects of lacosamide, pregabalin, and tapentadol on the rat N1 spinal somatosensory evoked potential. [PDF]
Steel KAJ +9 more
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Evaluating the New Keynesian Phillips Curve under VAR-based Learning
Luca Fanelli
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Inflation/Unemployment Regimes and the Instability of the Phillips Curve
Paul Ormerod +2 more
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AbstractWe explain the role of the Phillips Curve in the analysis of the economic outlook and the formulation of monetary policy at the ECB. First, revisiting the structural Phillips Curve, we highlight the challenges in recovering structural parameters from reduced‐form estimates and relate the reduced‐form Phillips Curve to the (semi‐)structural ...
Peter Karadi +2 more
exaly +4 more sources
An Anatomy of the Phillips Curve [PDF]
The paper examines how the long-run inflation-unemployment tradeoff depends on the degree to which wage-price decisions are backward- versus forward-looking. When economic agents, facing time-contingent, staggered nominal contracts, have a positive rate of time preference, the current wage and price levels depend more heavily on past variables (e.g ...
Marika Karanassou, Dennis J. Snower
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Henry Thornton, and David Hume before him, understood that the initial effect of a change in the quantity of money was on output. Hume's analysis of the gold standard and Thornton's discussion of paper money leave no doubt that departures from steady state equilibrium output were neither ruled out of the analysis nor denied.
Brunner, Karl, Meltzer, Allan
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Sectoral Phillips curves and the aggregate Phillips curve
Journal of Monetary Economics, 2011Sector-level Phillips curves are estimated in French data. There is considerable heterogeneity across sectors, with vastly different estimates of the backward looking component of inflation and the duration of nominal rigidities. A multi-sector model of inflation dynamics is calibrated on the basis of these sectoral estimates.
Imbs, Jean +2 more
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