Συλλογές
Τίτλος Modern Phillips Curve dynamics and the median wage
Δημιουργός Kalevras, Kostas
Συντελεστής Athens University of Economics and Business, Department of Economics
Alogoskoufis, Georgios
Τύπος Text
Φυσική περιγραφή 70p.
Γλώσσα en
Περίληψη This research outlines the Phillips Curve history, examines recent developments in the unemployment – inflation research (especially since the Great Recession and its impact on price and wage inflation dynamics) and takes a fresh look at explaining median wage growth movements with a parsimonious non-linear wage Phillips Curve model. The model is evaluated through time and against the Great Recession shock and presents a fruitful line of research closer to the original Phillips specification.
Λέξη κλειδί Phillips Curve
Median Wage
Inflation dynamics
New Keynesian Phillips Curve
New Keynesian Model
Non-linear model
Econometrics
Ημερομηνία 31-08-2016
Άδεια χρήσης https://creativecommons.org/licenses/by/4.0/