برآورد منحني فيليپس كينزي هاي جديد براي اقتصاد ايران

Examination of New-Keynesian Phillips Curve for Economics of Iran

Unemployment-inflation trade off is known as the Phillips curve. Since 1958, and after the publication of professor A.W.Phillipsʹ studies, there have been challenges among different economic schools about this innovation. In this paper, apart from dealing with the process of historical change in Philips curve, the New-Keynesians Phillips curve has been estimated for the Iranian economy. The results show that unemployment-inflation trade off exists both in the short-run as well as in the long-run .However, bearing in mind that, the long-run relationship is much weaker than the short-run one. Therefore, if this is so, it suggests that Keynesian demand management policies not only are operative in the short-run, but it could also have some influence, although not as much as short-run, in long-run, for the Iranian economy.