Essays about: "New-Keynesian Phillips curve"

Showing result 1 - 5 of 6 essays containing the words New-Keynesian Phillips curve.

  1. 1. Determinants of Inflation - Evidence from Sweden

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Gustav Sundén; Emanuel Skeppås; [2022]
    Keywords : Bayesian Vector Autoregression; Structural Vector Autoregression; New Keynesian Phillips Curve; Inflation; Sign and Zero Restrictions; Business and Economics;

    Abstract : This thesis examines what have been the main drivers of inflation in Sweden in recent years. This is done through the New Keynesian Phillips Curve with marginal cost which serves as the theoretical background to explain inflationary behavior. READ MORE

  3. 2. Estimating a hybrid New Keynesian Phillips curve for Sweden : An instrumental variables approach

    University essay from Uppsala universitet/Nationalekonomiska institutionen

    Author : Alexander Czarnota; [2020]
    Keywords : ;

    Abstract : Previous estimates suggest that there has been a flattening of the Swedish Phillips curve after the global financial crisis of 2008. This apparent flattening is a global phenomenon that has led many economists to search for an explanation. READ MORE

  4. 3. Globalization and Inflation Dynamics: Empirical Evidence from a Time-varying New-Keynesian Phillips Curve

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Yijia Chen; Xiong Yingchao; [2020]
    Keywords : Globalization; New-Keynesian Phillips curve; Time-varying parameter model;

    Abstract : There is a debate on whether globalization causes the flattening of Phillips curve. We explore this question by estimating a modified New-Keynesian Phillips curve (NKPC) in which inflation is determined by both domestic and foreign factors. READ MORE

  5. 4. A Study of a New-Keynesian DSGE Macro Model: Estimates, Shocks, and Optimal Monetary Policy

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Erik Hjort; [2019]
    Keywords : New-Keynesian Economics; Rational Expectations; Monetary Policy; Aggregate Shocks; Small-scale DSGE Model; Business and Economics;

    Abstract : This paper estimates and simulates a New-Keynesian small-scale DSGE macro model. The model consists of the hybrid forms of the Phillips curve and the IS curve, and is closed with a Taylor-type feedback rule allowing partial adjustment of the monetary policy instrument. READ MORE

  6. 5. The New Keynesian Phillips Curve in a Swedish context

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Alexandra Rojas Mullor; [2018]
    Keywords : New Keynesian Phillips Curve; inflation; marginal cost; output gap; Business and Economics;

    Abstract : This paper investigates if inflation dynamics in Sweden can be properly modelled by the New Keynesian Phillips Curve (NKPC). Four versions of the NKPC are tested on quarterly data between 1995 and 2016 using Generalized Method of Moments (GMM) as the estimation method. READ MORE