, it can be concluded that the NKPC models can explain the dynamics of inflation in each country in the ASEAN region. … developments, factor of expectation is classified into inflation model. The study used inflation data is important for ASEAN …, because ASEAN is one of the strengths of the international economy. This study analyzes the dynamics of inflation in the ASEAN …

This paper investigates the evolution of inflation dynamics in the five largest ASEAN countries between 1997 and 2017 …-looking dynamics and a better anchoring of inflation expectations, consistent with the improvements in monetary policy frameworks in …

The New Keynesian Phillips Curve (NKPC), driven by unit labor costs has been criticized for failing to match inflation … the fit of the NKPC, by introducing a fuller marginal cost proxy, "unit total costs", that is derived from both labor and … inflation and strengthen the empirical support for the role of expectations-based inflation persistence. They also imply a …