A Phillips Curve with an Ss Foundation
收藏NBER2006-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w11971
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资源简介:
We develop an analytically tractable Phillips curve based on state-dependent pricing. We differ from the existing literature by considering a local approximation around a zero inflation steady state and introducing idiosyncratic shocks. The resulting Phillips curve is a simple variation of the
提供机构:
美国国家经济研究局
创建时间:
2006-01-01



