The Phillips Curve at 60: time for time and frequency

We estimate the U.S. New Keynesian Phillips Curve in the time-frequency domain with continuous wavelet tools, to provide an integrated answer to the three most controversial issues on the Phillips Curve. (1) Has the short-run tradeoff been stable? (2) What has been the role of expectations? (3)Is th...

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Bibliographic Details
Main Author: Aguiar-Conraria, Luís (author)
Other Authors: Martins,Manuel M. F. (author), Soares, M. J. (author)
Format: workingPaper
Language:eng
Published: 2019
Subjects:
Phillips Curve
Inflation
Unemployment
Business Cycles
Continuous Wavelet Transform
Partial Wavelet Gain
Ciências Sociais::Economia e Gestão
Online Access:http://hdl.handle.net/1822/60614
Country:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/60614

Internet

http://hdl.handle.net/1822/60614

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