![]() Second, the NKPC describes inflation dynamics across sectors if microeconomic and sectoral level data are used. First, there is weak support for the open economy version of the NKPC to be able to track inflation dynamics if imported inputs are used in the production process. A number of important findings are reported about the ability of NKPC to explain the process of inflation dynamics. The theoretical predictions, econometric estimation techniques as well as the corresponding empirical evidence are discussed focusing on both the closed economy and the open economy versions of the NKPC. ![]() ![]() This paper presents a comprehensive review of the newly emerging literature on the New Keynesian Phillips Curve (NKPC). International review of economics & finance ![]() The new Keynesian Phillips curve: an update on recent empirical advancesīhattacharya, Prasad Sankar /0000-0003-2818-0835 The new Keynesian Phillips curve: an update on recent empirical advances Abbas, Syed K., Bhattacharya, Prasad Sankar and Sgro, Pasquale 2016, The new Keynesian Phillips curve: an update on recent empirical advances, International review of economics & finance, vol.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |