Testing for a Common OECD Phillips Curve:
This paper reports estimates of a reduced form relationship explaining inflation in terms of the output gap and import price inflation for most OECD countries. Results are reported both for single equation estimation on a country-by-country basis and using a system estimation technique in order to i...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
1999
|
Schriftenreihe: | OECD Economics Department Working Papers
no.219 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | This paper reports estimates of a reduced form relationship explaining inflation in terms of the output gap and import price inflation for most OECD countries. Results are reported both for single equation estimation on a country-by-country basis and using a system estimation technique in order to impose common parameters across countries where such restrictions are consistent with the data. A striking feature of the results is that most of the countries accept a common sacrifice ratio ... |
Beschreibung: | 1 Online-Ressource (23 p.) 21 x 29.7cm. |
DOI: | 10.1787/340107434541 |
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spelling | Turner, Dave VerfasserIn aut Testing for a Common OECD Phillips Curve Dave, Turner and Elena, Seghezza Paris OECD Publishing 1999 1 Online-Ressource (23 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.219 This paper reports estimates of a reduced form relationship explaining inflation in terms of the output gap and import price inflation for most OECD countries. Results are reported both for single equation estimation on a country-by-country basis and using a system estimation technique in order to impose common parameters across countries where such restrictions are consistent with the data. A striking feature of the results is that most of the countries accept a common sacrifice ratio ... Economics Seghezza, Elena MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/340107434541 Volltext |
spellingShingle | Turner, Dave Testing for a Common OECD Phillips Curve Economics |
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 Dave, Turner and Elena, Seghezza |
title_fullStr | Testing for a Common OECD Phillips Curve Dave, Turner and Elena, Seghezza |
title_full_unstemmed | Testing for a Common OECD Phillips Curve Dave, Turner and Elena, Seghezza |
title_short | Testing for a Common OECD Phillips Curve |
title_sort | testing for a common oecd phillips curve |
topic | Economics |
topic_facet | Economics |
url | https://doi.org/10.1787/340107434541 |
work_keys_str_mv | AT turnerdave testingforacommonoecdphillipscurve AT seghezzaelena testingforacommonoecdphillipscurve |