Hybrid New Keynesian Phillips Curve For Small Open Economy With Complete Pass Through
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Hybrid New Keynesian Phillips Curve for Small Open Economy with Complete Pass-through
| Author | : Alon Binyamini |
| Publisher | : |
| Total Pages | : 43 |
| Release | : 2006 |
| Genre | : Foreign exchange rates |
| ISBN | : |
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Language: en
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This study estimates the new Keynesian Phillips curve (NKPC) of Gali and Monacelli for a small open economy using Australian data. Our detailed investigation hi
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The paper extends Woodford's (2000) analysis of the closed economy Phillips curve to an open economy with both commodity trade and capital mobility. We show tha
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Pages: 25
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This paper applies GMM estimation to assess empirically the small open-economy New Keynesian Phillips Curve derived in Galí and Monacelli (2005). We obtain a t
