The New Keynesian Phillips curve revisited

DOI10.1016/j.jedc.2010.01.001zbMath1202.91183OpenAlexW1977822735MaRDI QIDQ964556

Ådne Cappelen, Anders Rygh Swensen, Pål Boug

Publication date: 22 April 2010

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/11250/180855

zbMATH Keywords

New Keynesian Phillips curvevector autoregressive modelsEuropean and US inflationexact and inexact rational expectationslikelihood based methods

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic dynamics (91B55)

Related Items

Adjustment coefficients and exact rational expectations in cointegrated vector autoregressive models ⋮ Some exact and inexact linear rational expectation models in vector autoregressive models

Uses Software

• R
• PcGive

Cites Work

• Econometric specification of stochastic discount factor models
• Optimal price setting and inflation inertia in a rational expectations model
• VAR-based estimation of Euler equations with an application to New Keynesian pricing
• Testing exact rational expectations in cointegrated vector autoregressive models
• More on testing exact rational expectations in cointegrated vector autoregressive models: Restricted constant and linear term
• Likelihood-Based Inference in Cointegrated Vector Autoregressive Models
• Econometric tests of rationality and market efficiency