Flattening of the Phillips Curve PDF book is popular Business & Economics book written by Dora M. Iakova. The book was released by International Monetary Fund on 2007-04 with total hardcover pages 26. Fast download link is given in this page, you could read Flattening of the Phillips Curve by Dora M. Iakova in PDF, epub and kindle directly from your devices.
Over the past decade, inflation has become less responsive to domestic demand pressures in many industrial countries. This development has been attributed, in p
"Policy-makers have recently noted an apparent flattening of the Phillips curve. The implications of such a change include that a positive output gap would be l
Notwithstanding persistently-high unemployment following the Great Recession, inflation in the United States has been remarkably stable. We find that a traditio
This paper explores potential causes of the flattening of the Phillips curve and why they matter for monetary policy. I use a novel open economy nested-CES mode
Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring t
