The return of the long-run Phillips curve

Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/2960

Full metadata record

DC Field	Value	Language
dc.creator	Graham, Liam	-
dc.creator	Snower, Dennis J.	-
dc.date	2003	-
dc.date.accessioned	2013-10-16T06:01:45Z	-
dc.date.available	2013-10-16T06:01:45Z	-
dc.date.issued	2013-10-16	-
dc.identifier	http://hdl.handle.net/10419/2960	-
dc.identifier	ppn:362737851	-
dc.identifier.uri	http://koha.mediu.edu.my:8181/xmlui/handle/10419/2960	-
dc.description	This Paper integrates microfoundations of wage staggering into a simple dynamic general equilibrium model with rational expectations. In this context we show that a permanent increase in money growth leads to a permanent increase in the rate of inflation and a permanent reduction in the level of unemployment. In short, we derive a microfounded long-run downwardsloping Phillips curve.	-
dc.language	eng	-
dc.publisher	Centre for Economic Policy Research London	-
dc.relation	CEPR Discussion paper series / Centre for Economic Policy Research 3691	-
dc.rights	http://www.econstor.eu/dspace/Nutzungsbedingungen	-
dc.subject	E20	-
dc.subject	E30	-
dc.subject	E40	-
dc.subject	E50	-
dc.subject	ddc:330	-
dc.subject	Phillips-Kurve	-
dc.subject	Mikroökonomische Fundierung	-
dc.subject	Theorie	-
dc.title	The return of the long-run Phillips curve	-
dc.type	doc-type:workingPaper	-
Appears in Collections:	EconStor

Files in This Item:

There are no files associated with this item.

DSpace JSPUI