The condemned live longer -- new evidence of the New Keynesian Phillips curve in central and Eastern Europe

DOI10.1007/s11079-020-09604-4zbMath1485.91160OpenAlexW3096146202MaRDI QIDQ2121094

Franz Xaver Zobl, Martin Ertl

Publication date: 1 April 2022

Published in: Open Economies Review (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11079-020-09604-4

zbMATH Keywords

inflation dynamicssmall open economiesNew Keynesian Phillips curvetime-varying parametercentral and Eastern Europe

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Statistical methods; economic indices and measures (91B82)

Uses Software

• shrinkTVP

Cites Work

• Ancillarity-sufficiency interweaving strategy (ASIS) for boosting MCMC estimation of stochastic volatility models
• Achieving shrinkage in a time-varying parameter model framework
• Generalized reduced rank tests using the singular value decomposition
• Estimated open economy New Keynesian Phillips curves for the G7
• Estimates of the open economy New Keynesian Phillips curve for euro area countries
• THE NEW KEYNESIAN PHILLIPS CURVE IN A TIME-VARYING COEFFICIENT ENVIRONMENT: SOME EUROPEAN EVIDENCE
• Instrumental Variables Regression with Weak Instruments
• Forecasting Performance of an Open Economy DSGE Model
• Monetary Policy and Exchange Rate Volatility in a Small Open Economy

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