Empirical Evidence on Inflation Expectations in the New Keynesian Phillips Curve.

We review the main identification strategies and empirical evidence on the role of expectations in the New Keynesian Phillips curve, paying particular attention to the issue of weak identification. Our goal is to provide a clear understanding of the role of expectations that integrates across the di...

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Publicado en:	Journal of Economic Literature Vol. 52; no. 1; pp. 124 - 189
Formato:	Artículo
Publicado:	American Economic Association Mar2014
Materias:	Economic equilibrium Price inflation Unemployment Rational expectations (Economic theory) Demand function Phillips curve
Acceso en línea:	Ver este registro en EBSCOhost