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A Phillips Curve for the Euro Area

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NBER2019-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26450
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资源简介:
This paper asks whether a textbook Phillips curve can explain the behavior of core inflation in the euro area. A critical feature of the analysis is that we measure core inflation with the weighted median of industry inflation rates, which is less volatile than the common measure of inflation
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2019-11-01
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