Closed-form Estimates of the New Keynesian Phillips Curve with Time-varying Trend Inflation

Closed-form Estimates of the New Keynesian Phillips Curve with Time-varying Trend Inflation
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Release: 2009
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Closed-form Estimates of the New Keynesian Phillips Curve with Time-varying Trend Inflation
Language: en
Pages:
A Response to Cogley and Sbordone's Comment on
Language: en
Pages: 17
Estimation of Forward-looking Relationships in Closed Form
Language: en
Pages:
Authors: Michelle L. Barnes
Categories:
Type: BOOK - Published: 2011 - Publisher:

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We illustrate the importance of placing model-consistent restrictions on expectations in the estimation of forward-looking Euler equations. In two-stage limited
Time-Varying Trend Inflation and the New Keynesian Phillips Curve in Australia
Language: en
Pages: 0
Authors: Denny Lie
Categories:
Type: BOOK - Published: 2017 - Publisher:

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This paper investigates whether the persistence and the time-varying nature of trend inflation can explain the persistence of inflation in Australia -- that is,
Understanding Inflation and the Implications for Monetary Policy
Language: en
Pages: 517
Authors: Jeff Fuhrer
Categories: Business & Economics
Type: BOOK - Published: 2009-09-11 - Publisher: MIT Press

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Current perspectives on the Phillips curve, a core macroeconomic concept that treats the relationship between inflation and unemployment. In 1958, economist A.