Estimates of the Open Economy New Keynesian Phillips Curve for Euro Area Countries

Author	: Fabio Rumler
Publisher	:
Total Pages	: 56
Release	: 2005
ISBN-10	: UCBK:C080721016
ISBN-13	:
Rating	: 4/5 ( Downloads)

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Book Synopsis Estimates of the Open Economy New Keynesian Phillips Curve for Euro Area Countries by : Fabio Rumler

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The "New Keynesian" Phillips Curve (NKPC) states that inflation has a purely forward-looking dynamics. In this paper, we test whether European and US inflation