Browsing Statistics Norway's Open Research Repository (SNORRe) by Subject "New Keynesian Phillips Curve"
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The New Keynesian Phillips Curve for a small open economy
(Discussion Papers;No. 460, Working paper, 2006)Abstract: The New Keynesian Phillips Curve (NKPC) has become the benchmark model for understanding inflation in modern monetary economics. One reason for the popularity is the microfoundation of the model, which decomposes ... -
The New Keynesian Phillips Curve revisited
(Discussion Papers;No. 500, Working paper, 2007)Abstract: Recently, several authors have questioned the evidence claimed by Galí and Gertler (1999) and Galí, Gertler and López-Salido (2001) that a hybrid version of the New Keynesian Phillips Curve approximates European ... -
Will it float? The New Keynesian Phillips curve tested on OECD panel data
(Discussion Papers;No. 463, Working paper, 2006)Abstract: Galí, Gertler and Lòpez-Salido (2005), GGL, assert that the hybrid New Keynesian Phillips curve, NPC, is robust to different choices of estimation procedure and so some forms of specification bias. Specifically, ...