Is the Phillips Curve Really a Curve? : Some Evidence for Canada, the United Kingdom, and the United States /

Previous tests for convexity in the Phillips curve have been biased because researchers have employed filtering techniques for the NAIRU that have been fundamentally inconsistent with the existence of convexity. This paper places linear and nonlinear models of the Phillips curve on an equal statisti...

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Автор: Laxton, Douglas
Інші автори: Debelle, Guy
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1996.
Серія:IMF Working Papers; Working Paper ; No. 1996/111
Онлайн доступ:Full text available on IMF