Estimation of Hybrid Phillips Curve: A Source of Conflicting Empirical Results.

Recent empirical studies of the hybrid Phillips curve draw conflicting conclusions about the relative role of forward-looking behavior and the role of marginal cost as the driving force. It is difficult to identify the source of the conflicting results in past studies because of differences in the m...

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Publicado en:Southern Economic Journal Vol. 78; no. 4; pp. 1265 - 1289
Autores principales: Hwang, Hae-shin, Kim, Woong
Formato: Artículo
Publicado: Wiley-Blackwell Apr2012
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Acceso en línea:Ver este registro en EBSCOhost