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CPB | Economic Policy Analysis

Publications

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Author

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September 24, 2020

An assessment of the Phillips curve over time: evidence for the United States and the euro area
Download An assessment of the Phillips curve over time: evidence for the United States and the euro area, Pdf, 2.2 MB
An assessment of the Phillips curve over time: evidence for the United States and the euro area, Pdf, 2.2 MB

We assess the stability of the coefficient on the unemployment gap in various linear dynamic Phillips curve models. We allow the coefficient on the unemployment gap and the other variables in our model to be... →