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THE RETURN OF THE WAGE PHILLIPS CURVE [PDF]
The standard New Keynesian model with staggered wage setting is shown to imply a simple dynamic relation between wage inflation and unemployment. Under some assumptions, that relation takes a form similar to that found in empirical wage equations-starting from Phillips' (1958) original work-and may thus be viewed as providing ...
openaire +8 more sources
Detecting proteins secreted by a single cell while retaining its viability remains challenging. A particles‐in‐particle (PiPs) system made by co‐encapsulating barcoded microparticles (BMPs) with a single cell inside an alginate hydrogel particle is introduced.
Félix Lussier+10 more
wiley +1 more source
Bioengineered Models of Nerve Regeneration
Bioengineered nerve regeneration platforms ranging from patterned cell cultures and hydrogels to fibrous scaffolds and microfluidic systems are reviewed, highlighting the complex cellular and biochemical environments essential for nerve repair. Challenges associated with these platforms, such as balancing complexity with throughput and the need for ...
Madalynn Jade Thompson+1 more
wiley +1 more source
By modifying ring size and exocyclic substituents, effects of ligand interlocking on metal coordination features is explored. Through systematic analysis of CuI catenanes, relationship between structural parameters of the interlocked ligands and coordination properties like geometry, stability, and reactivity is established.
Yulin Deng+8 more
wiley +2 more sources
Phillips Curve Inflation Forecasts [PDF]
This paper surveys the literature since 1993 on pseudo out-of-sample evaluation of inflation forecasts in the United States and conducts an extensive empirical analysis that recapitulates and clarifies this literature using a consistent data set and methodology.
James H. Stock, Mark W. Watson
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Understanding the flattening Phillips curve [PDF]
Abstract Policy-makers have recently noted an apparent flattening of the Phillips curve. The implications of such a change include that a positive output gap would be less inflationary, but the cost of reducing inflation, once established, would increase. This paper’s objective is to review the evidence and possible explanations for the flattening of
Ken Kuttner, Tim Robinson
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Abstract The vegetable market experiences significant price fluctuations due to the complex interplay of trend, cyclical, seasonal, and irregular factors. This study takes Korean green onions as an example and employs the Christiano–Fitzgerald filter and the CensusX‐13 seasonal adjustment methods to decompose its price into four components: trend ...
Yiyang Qiao, Byeong‐il Ahn
wiley +1 more source
The Relationship Between Interest Rates and Agricultural Commodity Price Dynamics
ABSTRACT The U.S. Federal Reserve has undertaken several interest rate interventions in the past decade. This study explores the relationship between U.S. corn and soybean prices and Federal Reserve monetary policy interventions, in the short and long run.
Zhining Sun, Ani L. Katchova
wiley +1 more source
The Hypothesis of a Different Nature of the Phillips Curve and Its Impact on Financial Flows
The Phillips curve is one of the most widely debated economic patterns. Its practical application, including for adjusting monetary policy, still causes significant disagreement among economists.
V. A. Petukhov
doaj +1 more source
Testing Phillips Curve For Serbian And Romanian Economy [PDF]
The subject of this work is the Phillips curve paradigm in macroeconomics with an emphasis on its development in New Keynesian theory. The main objective of the work is to reach scientifically relevant and practically useful knowledge on the concept of ...
Srdjan Furtula+2 more
doaj