Testing for a common OECD Phillips curve:
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Paris
OECD
1999
|
| Series: | Organisation for Economic Co-operation and Development: OECD working papers
7,52 |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | 23 S. graph. Darst. |
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Record in the Search Index
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TABLE OF CONTENTS
TESTING FOR A COMMON OECD PHILLIPS CURVE 4
Introduction and Summary 4
The Phillips curve specification 5
Estimation procedure 7
Single equation OLS estimation results 8
System estimation results 9
Conclusions 10
Tables
1. Summary of final OLS price equation results for individual countries 12 and 13
2. A. Summary of system estimation results: G7 countries 14
B. Summary of system estimation results: smaller OECD countries 14
3. . Wald tests of restrictions imposed in the system estimation 15
Figures
1. Estimates of the sacrifice ratio 16
2. System residuals 17
3. Inflation response to a temporary increase in the output gap for the
G7 countries based on system estimates 18
4. Inflation response to a temporary increase in the output gap for the
smaller OECD countries based on system estimates 18
5. Output price response to a permanent increase in the import price level
by one per cent for the G7 countries based on system estimates 19
6. Output price response to a permanent increase in the import price level
for the smaller OECD countries based on system estimates 19
7. Real wage resistance in the United States, Japan and the European Union 20
REFERENCES 21
3
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| discipline | Wirtschaftswissenschaften |
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| indexdate | 2024-07-09T18:34:18Z |
| institution | BVB |
| language | English |
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| physical | 23 S. graph. Darst. |
| publishDate | 1999 |
| publishDateSearch | 1999 |
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| series | Organisation for Economic Co-operation and Development: OECD working papers |
| series2 | Organisation for Economic Co-operation and Development / Economics Department : Working papers Organisation for Economic Co-operation and Development: OECD working papers |
| spelling | Turner, Dave Verfasser aut Testing for a common OECD Phillips curve by Dave Turner and Elena Seghezza Paris OECD 1999 23 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Organisation for Economic Co-operation and Development / Economics Department : Working papers 219 Organisation for Economic Co-operation and Development: OECD working papers 7,52 Inflation (Finance) OECD countries Phillips curve Seghezza, Elena Verfasser aut Economics Department Organisation for Economic Co-operation and Development Working papers ; 219 (DE-604)BV008310407 219 Organisation for Economic Co-operation and Development: OECD working papers 7,52 (DE-604)BV010346216 7,52 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=008723407&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Turner, Dave Seghezza, Elena Testing for a common OECD Phillips curve Organisation for Economic Co-operation and Development: OECD working papers Inflation (Finance) OECD countries Phillips curve |
| title | Testing for a common OECD Phillips curve |
| title_auth | Testing for a common OECD Phillips curve |
| title_exact_search | Testing for a common OECD Phillips curve |
| title_full | Testing for a common OECD Phillips curve by Dave Turner and Elena Seghezza |
| title_fullStr | Testing for a common OECD Phillips curve by Dave Turner and Elena Seghezza |
| title_full_unstemmed | Testing for a common OECD Phillips curve by Dave Turner and Elena Seghezza |
| title_short | Testing for a common OECD Phillips curve |
| title_sort | testing for a common oecd phillips curve |
| topic | Inflation (Finance) OECD countries Phillips curve |
| topic_facet | Inflation (Finance) OECD countries Phillips curve |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=008723407&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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