Showing 1 - 10 of 740,152
In this paper we test a new empirical relationship between wage and inflation. We introduce the concept of a cumulative … relation between their current wages and their past wages, adjusted for inflation. We call this the post-crisis Phillips Curve …. The shape of the post-crisis Phillips Curve expresses the theoretical assumption that the inflation rate stays below its …
Persistent link: https://www.econbiz.de/10012162969
Persistent link: https://www.econbiz.de/10011978545
Persistent link: https://www.econbiz.de/10013435383
Persistent link: https://www.econbiz.de/10010531306
Persistent link: https://www.econbiz.de/10012819598
Persistent link: https://www.econbiz.de/10011964904
Persistent link: https://www.econbiz.de/10011904113
output and real-rate gaps can be represented in a parsimonious and practical manner using the theory of anelasticity that …
Persistent link: https://www.econbiz.de/10011917259
Persistent link: https://www.econbiz.de/10012297745
Persistent link: https://www.econbiz.de/10011646864