Is the Phillips curve disappearing? Evidence from a new test procedure
This paper proposes a four-step procedure to examine a disappearance of the Phillips curve. The procedure involves estimating an initial value, computing a potential output using the state-space model, calculating a static slope coefficient of the Phillips curve and estimating a time-varying slope c...
Saved in:
| Main Authors: | , , , |
|---|---|
| 格式: | Article |
| 出版: |
Taylor & Francis
2021
|
| 主題: | |
| 在線閱讀: | http://eprints.um.edu.my/26556/ |
| 標簽: |
添加標簽
沒有標簽, 成為第一個標記此記錄!
|
| 機構: | Universiti Malaya |