The Phillips Curve is Back? Using Panel Data to Analyze the Relationship Between Unemployment and Inflation in an Open Economy
收藏NBER1999-08-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w7328
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资源简介:
Expanding on an approach suggested by Ashenfelter (1984), we extend the Phillips curve to an open economy and exploit panel data to estimate the textbook 'expectations augmented' Phillips curve with a market-based and observable measure of inflation expectations. We develop this measure using
提供机构:
美国国家经济研究局
创建时间:
1999-08-01



