How Curvy is the Phillips Curve?
收藏NBER2024-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w33234
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资源简介：
Macro data suggest a convex relationship between inflation and economic slack, but identifying causality is challenging. Using micro data from large panel surveys of UK and US firms, we show that the response of prices to demand shocks is also convex at the firm level. We obtain similar results
提供机构：
美国国家经济研究局
创建时间：
2024-12-01
