Is There a Phillips Curve? : A Full Information Partial Equilibrium Approach /

Empirical tests of the New Keynesian Phillips Curve have provided results often inconsistent with microeconomic evidence. To overcome the pitfalls of standard estimations on aggregate data, a Full Information Partial Equilibrium approach is developed to exploit sectoral level data. A model featuring...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Piazza, Roberto
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2018.
Sarja:IMF Working Papers; Working Paper ; No. 2018/044
Linkit:Full text available on IMF