Chen, Siyan; Desiderio, Saul - In: Economics: The Open-Access, Open-Assessment E-Journal 12 (2018) 2018-2, pp. 1-30
Understanding what moves the Phillips curve is important to monetary policy. Because the Phillips curve has experienced over time movements similar to those characterizing the Beveridge curve, the authors jointly analyze the two phenomena. They do that through an agent-based macro model based on...