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The Phillips curve and the role of monetary policy in Chile
Salazar, Leonardo - In: Journal of applied economics 22 (2019) 1, pp. 1-22
In this paper, the empirical analysis finds that the dynamics of inflation and unemployment can be described by a …
Persistent link: https://www.econbiz.de/10012157258
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The effect of stabilization policy on United States postwar business cycle fluctuations
Primiceri, Giorgio E. - 2004
Persistent link: https://www.econbiz.de/10003387333
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Essays on the Phillips curve and the transmission of monetary policy shocks
Llaudes, Ricardo - 2007
Persistent link: https://www.econbiz.de/10011573170
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Monetary policy and the wage inflation-unemployment tradeoff
Duque Gabriel, Ricardo - In: European economic review : EER 159 (2023), pp. 1-13
Persistent link: https://www.econbiz.de/10014441508
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The downward glide of the natural rate of unemployment during cyclical recoveries could explain flat phillips curves
Hall, Robert Ernest; Kudlyak, Marianna - 2023
Persistent link: https://www.econbiz.de/10014383638
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The active role of the natural rate of unemployment during cyclical recoveries
Hall, Robert Ernest; Kudlyak, Marianna - 2023
Phillips-curve framework of low - often extremely low - response of inflation to unemployment could be the result of fairly … most Phillips-curve studies, that conclude that inflation has little relation to unemployment. We suggest that the flat …
Persistent link: https://www.econbiz.de/10014423725
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The impact of monetary policy on unemployment hysteresis
Stockhammer, Engelbert; Sturn, Simon - 2008 - Version 2.0
Dieser Aufsatz untersucht die Hypothese, dass der Grad an Arbeitsmarkthysterese in Folge einer Rezession von der Reaktion der Geldpolitik abhängt. Der Hysteresegrad wird in der empirischen Untersuchung durch die geldpolitische Reaktion und Standardvariablen für Arbeitsmarktinstitutionen in...
Persistent link: https://www.econbiz.de/10003772351
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Hysteresis and the Nairu in the Euro Area
Logeay, Camille; Tober, Silke - In: Scottish journal of political economy : the journal of … 53 (2006) 4, pp. 409-429
Persistent link: https://www.econbiz.de/10003358968
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Distance to frontier and the big swings of the unemployment rate : what room is left for monetary policy?
Hoon, Hian Teck; Kong Weng Ho - 2007
This paper builds upon Hoon and Phelps (1992, 1997) to ask how much of the evolution of the unemployment rate over several decades in country can be explained by real factors in an equilibrium model of the natural rate where country's productivity growth depends upon its distance from the...
Persistent link: https://www.econbiz.de/10003485602
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Changes in the balance of power between the wage and price setters and the Central Bank : consequences for the Phillips curve and the NAIRU
Kromphardt, Jürgen (contributor);  … - 2007
In this paper we introduce and test the hypothesis that the relation between inflation and unemployment has been in … 1975 and 1980 after the first (or the second) oil price shock in autumn 1973. During the disinflation period, inflation and … their favour and the Central Bank fighting against inflation. Since the wage and price setters did not fully believe in an …
Persistent link: https://www.econbiz.de/10003485609