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Another strange non-death : the NAIRU and the ideational foundations of the Federal Reserve's new monetary policy framework

Arbogast, Tobias; Doorslaer, Hielke van; Vermeiren, Mattias - In: Review of international political economy 31 (2024) 3, pp. 805-830

Persistent link: https://www.econbiz.de/10015055230

The Phillips curve at the ECB

Eser, Fabian; Karadi, Peter; Lane, Philip R.; Moretti, Laura - 2020

We 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...

Persistent link: https://www.econbiz.de/10012212851

The Phillips Curve at the ECB

Eser, Fabian; Karadi, Peter; Lane, Philip R.; Moretti, Laura - 2020

We explain the role of the Phillips Curve at the ECB in the analysis of the economic outlook and the formulation of monetary policy. First, revisiting the structural Phillips Curve, we highlight the challenges in recovering structural parameters from reduced-form estimates and relate the...

Persistent link: https://www.econbiz.de/10012435565