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003 | ES-MaIEF | ||
005 | 20250303085952.0 | ||
007 | ta | ||
008 | 250303t2024 xxu||||| |||| 00| 0eng d | ||
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_aES-MaIEF _bspa _cES-MaIEF |
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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 |
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650 | 4 |
_948062 _aPOLITICA MONETARIA |
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650 | 4 |
_948067 _aPOLITICA FISCAL |
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650 | 4 |
_941718 _aCURVA DE PHILLIPS |
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650 | 4 |
_946815 _aINFLACION |
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700 | 1 |
_972374 _aFitzgerald, Terry |
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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. |
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942 | _cART |