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Published in 2019 at "Empirical Economics"
DOI: 10.1007/s00181-019-01659-8
Abstract: This paper presents estimates of the New Keynesian Phillips Curve (NKPC) for the agriculture, manufacturing and services sectors of Pakistan’s economy. The real marginal cost—derived from dynamic translog cost function—labour share of income and output…
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Keywords:
keynesian phillips;
new keynesian;
estimates new;
curve pakistan ... See more keywords