Low Inflation Bends the Phillips Curve around the World
收藏NBER2021-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29323
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资源简介：
This paper finds strong support for a Phillips curve that becomes nonlinear when inflation is lowwhich our baseline model defines as less than 3 percent. The nonlinear curve is steep when output is above potential (slack is negative), but flat when output is below potential (slack is positive), so
提供机构：
美国国家经济研究局
创建时间：
2021-10-01
