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Evaluating the New Keynesian Phillips Curve under VAR-based Learning

open access: yesEconomics: Journal Articles, 2008
Luca Fanelli
doaj  

Inflation/Unemployment Regimes and the Instability of the Phillips Curve

open access: yesEconomics: Journal Articles, 2009
Paul Ormerod   +2 more
doaj  

Sex-Specific Diagnostic Inequality in Fabry Disease: Lessons Learned from Analysis of Newborn Screening and Cascade Testing in Tennessee from 2017 to 2024.

open access: yesPublic Health Genomics
Furuta Y   +12 more
europepmc   +1 more source

The Phillips Curve at the ECB

Manchester School, 2020
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 ...
Chiara Osbat, Peter Karadi
exaly   +4 more sources

The Phillips curve

Carnegie-Rochester Conference Series on Public Policy, 1976
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
openaire   +2 more sources

An Anatomy of the Phillips Curve [PDF]

open access: possible, 2002
The paper examines how the long-run inflation-unemployment tradeoff depends on thedegree to which wage-price decisions are backward- versus forward-looking. Wheneconomic agents, facing time-contingent, staggered nominal contracts, have a positive rateof time preference, the current wage and price levels depend more heavily on past variables(e.g.
Marika Karanassou, Dennis J. Snower
openaire   +3 more sources

The Anti-Phillips Curve [PDF]

open access: possibleSSRN Electronic Journal, 2009
There is no Phillips curve in the United States, i.e. unemployment does not drive inflation at any time horizon. There is a statistically robust anti-Phillips curve - inflation leads unemployment by 10 quarters. Apparently, the anti-Phillips curve would be the conventional one, if the time would flow in the opposite direction.
openaire   +1 more source

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