000 01306nab a2200229 c 4500
999 _c150377
_d150377
003 ES-MaIEF
005 20250303085952.0
007 ta
008 250303t2024 xxu||||| |||| 00| 0eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
245 0 0 _aIs there a stable relationship between unemployment and future inflation?
_c by Terry Fitzgerald ... [at al.]
504 _aBibliografía
520 _aEvaluating the stability of the Phillips curve using aggregate data is challenging due to the bias that endogenous monetary policy imparts on estimated Phillips curve coefficients. We argue that regional data can be used to identify the structural relationship between unemployment and inflation. Our analysis, using city- and state-level data from 1977 to 2017, is consistent with the notion that both the reduced-form and the structural parameters of the Phillips curve are, to a substantial degree, quite stable.
650 4 _947661
_aMACROECONOMIA
650 4 _948062
_aPOLITICA MONETARIA
650 4 _948067
_aPOLITICA FISCAL
650 4 _941718
_aCURVA DE PHILLIPS
650 4 _946815
_aINFLACION
700 1 _972374
_aFitzgerald, Terry
773 0 _9173160
_oOP 2137/2024/4
_tAmerican Economic Journal : Macroeconomics
_w(IEF)64915
_x 1945-7707
_g v. 16, n. 4, October 2024, p. 114-142.
942 _cART