Inflation puzzles, the Phillips Curve and output expectations: new perspectives from the Euro Zone
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DOI: 10.1007/s10663-021-09515-8
Abstract: Confidence in the Phillips Curve (PC) as predictor of inflation developments along the business cycle has been shaken by recent “inflation puzzles” in advanced countries, such as the “missing disinflation” in the aftermath of the… read more here.
Keywords: phillips curve; inflation puzzles; euro zone; output ... See more keywords