Essays about: "new-Keynesian hybrid Phillips curve"
Found 4 essays containing the words new-Keynesian hybrid Phillips curve.
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1. Estimating a hybrid New Keynesian Phillips curve for Sweden : An instrumental variables approach
University essay from Uppsala universitet/Nationalekonomiska institutionenAbstract : 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
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2. A Study of a New-Keynesian DSGE Macro Model: Estimates, Shocks, and Optimal Monetary Policy
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : 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
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3. The New Keynesian Phillips Curve in a Swedish context
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : 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
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4. The Debate on Inflation Dynamics and the Swedish Experience
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : Inspired by the methodology of Galí and Gertler (1999) and Lindé (2005) and the seemingly fierce debate over the most appropriate econometric approach to study inflation dynamics, the new-Keynesian hybrid Phillips curve has been conducted with Swedish sample data and estimated with the general method of moment (GMM) and the full information maximum likelihood (FIML) estimators. GMM generated estimates that reject the idea of pure forward-looking behavior in price setting, but backwardness in price setting seems to be predominated. READ MORE