𝔖 Bobbio Scriptorium
✦   LIBER   ✦

NAIRU and the phillips curve: An empirical perspective

✍ Scribed by Thomas D. Corrigan; Pan G. Yatrakis

Publisher
Springer US
Year
1998
Tongue
English
Weight
76 KB
Volume
4
Category
Article
ISSN
1083-0898

No coin nor oath required. For personal study only.

πŸ“œ SIMILAR VOLUMES

Expectation horizon and the Phillips Cur
Expectation horizon and the Phillips Curve: the solution to an empirical puzzle
✍ Jaejoon Lee; Charles R. Nelson πŸ“‚ Article πŸ“… 2007 πŸ› John Wiley and Sons 🌐 English βš– 192 KB

## Abstract Estimates of the slope of the Phillips curve reported in the literature cover a range from roughly βˆ’ 0.6 to zero depending on specification. Forward‐looking specifications, favored by theory, produce the smallest slope estimates. This paper addresses this puzzle by studying the bivariat