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2017
The "Phillips curve" that emerges from the results may be well being entirely illusory. As a descriptive device, this curve is more than an approximation of the observed negative association between the inflation and unemployment rates during part of the postwar period.
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The "Phillips curve" that emerges from the results may be well being entirely illusory. As a descriptive device, this curve is more than an approximation of the observed negative association between the inflation and unemployment rates during part of the postwar period.
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2016
Abstract Phillips wanted to find a way to incorporate prices into his economic models, but this was a missing link in economic experimentation. He started playing around with some UK data to address this problem, and ended up with what seemed to be a robust relationship between real and money variables.
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Abstract Phillips wanted to find a way to incorporate prices into his economic models, but this was a missing link in economic experimentation. He started playing around with some UK data to address this problem, and ended up with what seemed to be a robust relationship between real and money variables.
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The Austrian Phillips Curve reconsidered
Empirica, 1985Den Ausgangspunkt fur diese Arbeit bildet die manchmal behauptete Stabilitat der osterreichischen Phillipskurve. In dieser Arbeit wird nun zu zeigen versucht, das diese Stabilitat auf den Umstand zuruckzufuhren ist, das bei den bisherigen Untersuchungen stets implizit angenommen wurde, die gleichgewichtige (naturliche) Arbeitslosenrate habe sich im ...
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A Phillips curve to the Dominican Republic [PDF]
, 2008 This paper has provided an empirical evidence to support the existence of the Phillips curve in the case of the Dominican Republic. The Phillips curve is estimated using data over the last forty years and includes a role for supply factors. The most striking feature of the model is the strong relationship between inflation and excess demand.
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Downward Nominal Wage Rigidities Bend the Phillips Curve
Journal of Money, Credit and Banking, 2014Mary C Daly, Bart Hobijn
exaly
Forecasting inflation: Phillips curve effects on services price measures
International Journal of Forecasting, 2017Ellis W Tallman, Saeed Zaman
exaly
Do professional forecasters believe in the Phillips curve? evidence from the G7 countries
Journal of Forecasting, 2011Ralf Fendel, Jan-Christoph Rulke
exaly
Is the slope of the Phillips curve time-varying? Evidence from unobserved components models
Economic Modelling, 2020exaly