Results 61 to 70 of about 3,173,504 (270)
The inflation-unemployment trade-off: empirical considerations and a simple US-Euro Area comparison
Notas Económicas, 2022 This paper uses recently developed robust estimation methods to empirically reassess the long-standing inflation-unemployment trade-off debate. Indeed, we study to what extent unemployment-based New Keynesian Phillips Curves are informative about the ...
Vasco J. Gabriel +3 more
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The Hypothesis of a Different Nature of the Phillips Curve and Its Impact on Financial Flows
Финансы: теория и практикаThe 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
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What's Happened to the Phillips Curve? [PDF]
SSRN Electronic Journal, 1999 The simultaneous occurrence in the second half of the 1990s of low and falling price inflation and low unemployment appears to be at odds with the properties of a standard Phillips curve. We find this result in a model in which inflation depends on the unemployment rate, past inflation, and conventional measures of price supply shocks. We show that, in
Flint Brayton +2 more
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A Phillips curve for China. [PDF]
, 2005 This paper models Chinese inflation using an output gap Phillips curve. Inflation modelling for the world's sixth largest economy is a still under-researched topic. We estimate a partially forward-looking Phillips curve as well as traditional backward-looking Phillips curves.
Scheibe, Jörg, Vines, David
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The Phillips Curve for the Romanian Economy, 1992-2017 [PDF]
Computational Methods in Social Sciences, 2017 The paper analyses the relationship between the unemployment rate and inflation, in Romania, during the 1992 – 1997 (March) period. For this purpose, we have estimated two econometric models, where the inflation trend has considered as a benchmark for ...
Dorin Jula, Nicoleta Jula
doaj
The Phillips Curve Now and Then [PDF]
, 1990 Almost thirty years ago Paul Samuelson and Bob Solow coined the term “Phillips curve” at the 1959 AEA meetings, reacting promptly to the publication of Phillips's (1958) article. For many years afterward Solow thought and wrote about the Phillips curve and many of the unsettled research puzzles that economists had struggled to resolve under that ...
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The ghosts I called I can\u27t get rid of now : The Keynes-Tinbergen-Friedman-Phillips Critique of Keynesian Macroeconometrics [PDF]
, 2000 This chapter offers a fresh perspective on the much publicised dispute between those followers of Keynes who presented econometric evidence in favour of a Phillips curve trade-off, and those monetarists who presented counter econometric evidence ...
Leeson, Robert
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Has the U.S. Wage Phillips Curve Flattened? A Semi-Structural Exploration
, 2019 Unconditional reduced form estimates of a conventional wage Phillips curve for the U.S. economy point to a decline in its slope coefficient in recent years, as well as a shrinking role of lagged price inflation in the determination of wage inflation.
J. Gaĺı, Luca Gambetti
semanticscholar +1 more source
The Formation of Expectations, Inflation and the Phillips Curve
Journal of Economic Literature, 2017 This paper argues for a careful (re)consideration of the expectations formation process and a more systematic inclusion of real-time expectations through survey data in macroeconomic analyses.
Olivier Coibion +2 more
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HARRY JOHNSON ON THE PHILLIPS CURVE [PDF]
Journal of the History of Economic Thought, 2016 It is noted that Harry G. Johnson was widely admired for his broad knowledge of economics, and particularly for the excellence and synthesizing quality of much of his writing. His discussions of the Phillips curve and related matters are considered. It is found that they are brief, inaccurate, and inconsistent. It is clear that, despite his reputation,
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