Title of article :
Supply-side refinements and the New Keynesian Phillips Curve
Author/Authors :
Julien Matheron، نويسنده , , Tristan-Pierre Maury، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2004
Abstract :
We consider the empirical consequences for generalized method of moments (GMM) estimates of the New Keynesian Phillips Curve (NKPC) of allowing for a more refined supply-side than conventionally postulated. Under our production structure, both labor share and the output gap explain inflation dynamics
Keywords :
Inflation , Phillips curve , Real marginal cost , Output Gap
Journal title :
Economics Letters
Journal title :
Economics Letters