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...
