Expectation formation and the Phillips curve revisited
Sign Up to like & getrecommendations! Published in 2024 at "Macroeconomic Dynamics"
DOI: 10.1017/s1365100524000051
Abstract: Abstract This paper studies expectation formation of professional forecasters in the context of the Phillips curve. We assess whether professionals form their expectations regarding inflation and unemployment consistent with the Phillips curve based on individual… read more here.
Keywords: formation phillips; inflation unemployment; curve revisited; phillips curve ... See more keywords