Prospects for Inflation in a High Pressure Economy: Is the Phillips Curve Dead or is It Just Hibernating?
收藏NBER2019-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w25792
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资源简介:
This paper reviews a substantial range of empirical evidence on whether the Phillips curve is dead, i.e. that its slope has flattened to zero. National data going back to the 1950s and 60s yield strong evidence of negative slopes and significant nonlinearity in those slopes, with slopes much steeper
提供机构:
美国国家经济研究局
创建时间:
2019-05-01



