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Keynesian macrodynamics and the Phillips curve : an estimated model for the US economy

Chen, Pu; Chiarella, Carl; Flaschel, Peter; Semmler, Willi - In: Quantitative and empirical analysis of nonlinear …, (pp. 229-284). 2006

Persistent link: https://www.econbiz.de/10003324045

Keynesian macrodynamics and the Phillips curve. : An estimated baseline macromodel for the US economy

Chen, Pu; Chiarella, Carl; Flaschel, Peter; Semmler, Willi - 2006

Persistent link: https://www.econbiz.de/10003304136

Keynesian Macrodynamics and the Phillips Curve : An Estimated Baseline Macromodel for the U.S. Economy

Chen, Pu - 2006

In this paper we formulate a baseline disequilibrium AS-AD model and empirically estimate it with time series data for the U.S.-economy. The version of the model used here exhibits a Phillips-curve, a dynamic IS curve and a Taylor interest rate rule. It is based on sticky wages and prices,...

Persistent link: https://www.econbiz.de/10012734101

The feedback channels in macroeconomics: analytical foundations for structural econometric model building

Chen, Pu; Chiarella, Carl; Flaschel, Peter; Semmler, Willi - In: Central European journal of operations research : CEJOR … 14 (2006) 3, pp. 261-288

Persistent link: https://www.econbiz.de/10007377906

The feedback channels in macroeconomics: analytical foundations for structural econometric model building

Chen, Pu; Chiarella, Carl; Flaschel, Peter; Semmler, Willi - In: Central European Journal of Operations Research 14 (2006) 3, pp. 261-288

Persistent link: https://www.econbiz.de/10008515740

Keynesian Macrodynamics and the Phillips Curve. An Estimated Baseline Macromodel for the U.S. Economy

Chen, Pu; Chiarella, Carl; Flaschel, Peter; Semmler, Willi - Finance Discipline Group, Business School - 2006

In this paper we formulate a baseline disequilibrium AS-AD model and empirically estimate it with time series data for the US-economy. The version of the model used here exhibits a Phillips-curve, a dynamic IS curve and a Taylor interest rate rule. It is based on sticky wages and prices, perfect...

Persistent link: https://www.econbiz.de/10005102346