The Slanted-L Phillips Curve.

"The Slanted-L Phillips Curve" explores the relationship between inflation and labor market tightness, challenging the conventional wisdom of a linear Phillips curve. The authors argue that the surge in inflation during the 2020s caught forecasters and policymakers off guard, highlighting the nonlin...

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Detalles Bibliográficos
Publicado en:AEA Papers & Proceedings Vol. 114; pp. 84 - 90
Autores principales: BENIGNO, PIERPAOLO, EGGERTSSON, GAUTI B.
Formato: Artículo
Publicado: American Economic Association May2024
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Acceso en línea:Ver este registro en EBSCOhost