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The Phillips curves across the Atlantic : it is the price curves that differ

Cohen, Daniel - 2001

Persistent link: https://www.econbiz.de/10013423680

Downward nominal wage rigidity and the long-run Philips Curve

Coenen, Günter - 2003

This paper summarises the results of a quantitative study of the possible impact of downward nominal wage rigidity on the determination of inflation and output in the euro area and the existence of a non-vertical long-run Phillips curve. The study was undertaken in the context of the review of...

Persistent link: https://www.econbiz.de/10009635901

Essays on gradual wage-price adjustments, monetary unions and open economy macrodynamics

Proaño Acosta, Christian (contributor) - 2008

Persistent link: https://www.econbiz.de/10003738085

Hysteresis and NAIRU in the Euro area

Logeay, Camille; Tober, Silke - 2005 - This version: July 2005

This paper analyses the Nairu in the Euro Area and the influence that hysteresis had on its development. Using the Kalman-filter technique we find that the Nairu has varied considerably since the early seventies. The Kalman-filter technique is applied here using explicit exogenous variables. In...

Persistent link: https://www.econbiz.de/10003744523

Disequilibrium macroeconomic dynamics, income distribution and wage-price Phillips curves : evidence from the US and the euro area

Proaño Acosta, Christian; Flaschel, Peter; Ernst, Ekkehard - 2006

consists of a wage and a price Phillips curves, a dynamic IS curve as well as a dynamic employment adjustment equation and a … correction terms, and indirectly of income distribution, in the dynamics of wage and price inflation in the U.S. and the euro … Modell besteht aus einer Lohn- und einer Preis-Phillipskurve, einer dynamischen IS-Kurve sowie einer dynamischen …