The Phillips curve and the role of monetary policy in Chile
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DOI: 10.1080/15140326.2018.1526865
Abstract: ABSTRACT In this paper, the empirical analysis finds that the dynamics of inflation and unemployment can be described by a Phillips curve when allowing for a positive co-movement between trend-adjusted productivity and unemployment. This suggests… read more here.
Keywords: phillips curve; monetary policy; economics; curve role ... See more keywords