Sökning: "new-Keynesian hybrid Phillips curve"
Hittade 4 uppsatser innehållade orden new-Keynesian hybrid Phillips curve.
1. Estimating a hybrid New Keynesian Phillips curve for Sweden : An instrumental variables approach
Master-uppsats, Uppsala universitet/Nationalekonomiska institutionenSammanfattning : Previous estimates suggest that there has been a flattening of the Swedish Phillips curve after the global financial crisis of 2008. This apparent flattening is a global phenomenon that has led many economists to search for an explanation. LÄS MER
2. A Study of a New-Keynesian DSGE Macro Model: Estimates, Shocks, and Optimal Monetary Policy
Magister-uppsats, Lunds universitet/Nationalekonomiska institutionenSammanfattning : This paper estimates and simulates a New-Keynesian small-scale DSGE macro model. The model consists of the hybrid forms of the Phillips curve and the IS curve, and is closed with a Taylor-type feedback rule allowing partial adjustment of the monetary policy instrument. LÄS MER
3. The New Keynesian Phillips Curve in a Swedish context
Magister-uppsats, Lunds universitet/Nationalekonomiska institutionenSammanfattning : This paper investigates if inflation dynamics in Sweden can be properly modelled by the New Keynesian Phillips Curve (NKPC). Four versions of the NKPC are tested on quarterly data between 1995 and 2016 using Generalized Method of Moments (GMM) as the estimation method. LÄS MER
4. The Debate on Inflation Dynamics and the Swedish Experience
Master-uppsats, Lunds universitet/Nationalekonomiska institutionenSammanfattning : Inspired by the methodology of Galí and Gertler (1999) and Lindé (2005) and the seemingly fierce debate over the most appropriate econometric approach to study inflation dynamics, the new-Keynesian hybrid Phillips curve has been conducted with Swedish sample data and estimated with the general method of moment (GMM) and the full information maximum likelihood (FIML) estimators. GMM generated estimates that reject the idea of pure forward-looking behavior in price setting, but backwardness in price setting seems to be predominated. LÄS MER