Can The New Keynesian Phillips Curve Explain Japanese Inflation Dynamics

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Language: en
Pages: 52

Can the New Keynesian Phillips Curve Explain Japanese Inflation Dynamics?

Authors: Ichiro Muto

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Type: BOOK - Published: 2006 - Publisher:

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We estimate a New Keynesian Phillips curve (NKPC) for Japan's economy. To obtain a better proxy of real marginal cost (RMC), we correct labor share by incorpora

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The New Keynesian Phillips Curve (sticky Price-wage Model) in the U.S. and Japan

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Estimating a New Keynesian Phillips Curve with a Corrected Measure of Real Marginal Cost

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Type: BOOK - Published: 2010 - Publisher:

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We estimate a New Keynesian Phillips curve (NKPC) in Japan, focusing on the measurement of real marginal cost (RMC). Especially, we correct labor share by takin

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Notes on the Inflation Dynamics of the New Keynesian Phillips Curve

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Trend Inflation and Evolving Inflation Dynamics

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