• Will it float? The New Keynesian Phillips curve tested on OECD panel data 

      Bjørnstad, Roger; Nymoen, Ragnar (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, ...