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Structural change in the US Phillips curve, 1948-2021 : the role of power and institutions

Setterfield, Mark; Blecker, Robert A. - 2022

' PC (relating the level of the inflation rate, not the change in this rate, to the rate of unemployment); and the …

Persistent link: https://www.econbiz.de/10013347209

Is the US Phillips curve stable? : evidence from Bayesian vector autoregressions

Karlsson, Sune; Österholm, Pär - In: The Scandinavian journal of economics 125 (2023) 1, pp. 287-314

Persistent link: https://www.econbiz.de/10014303987

Wage-price Phillips Curves and macroeconomic stability : basic structural form, estimation and analysis

Flaschel, Peter; Krolzig, Hans-Martin - In: Quantitative and empirical analysis of nonlinear …, (pp. 7-47). 2006

In this paper we introduce a small Keynesian model of economic growth, which is centered around two advanced types of Phillips curves, one for money wages and one for prices, both being augmented by perfect myopic foresight and supplemented by a measure of the medium-term inflationary climate...

Persistent link: https://www.econbiz.de/10003324031

Does linearity in the dynamics of inflation gap and unemployment rate matter?

Montero, Roque - In: Revista de análisis económico 27 (2012) 1, pp. 3-26

Persistent link: https://www.econbiz.de/10009732519

Sticky wages in search and matching models in the short and long run

Reicher, Christopher Phillip - 2011

labor input, but it predicts a strong counterfactually negative long run relationship between inflation and unemployment … negative long run relationship between trend inflation and unemployment provides indirect evidence against the proposed …. -- Sticky wages ; staggered Nash bargaining ; trend inflation ; unemployment ; search and matching …