Anatomy of the Phillips Curve: Micro Evidence and Macro Implications
收藏NBER2023-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w31382
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资源简介：
We develop a bottom-up approach to estimate the slope of the primitive form of the New Keynesian Phillips curve, which features marginal cost as the real activity variable. Using quarterly micro data on prices, costs, and output, we estimate dynamic pass-through regressions that identify the slope
提供机构：
美国国家经济研究局
创建时间：
2023-06-01
