The Case of the Reappearing Phillips Curve: A Discussion of Recent Findings
26 Pages Posted: 19 Aug 2020
Date Written: July, 2020
The Phillips curve seems to have flattened over time. In this article, we use a simple New Keynesian model to analyze potential pitfalls in the estimation of the slope of the structural Phillips curve.
JEL Classification: E12, E31, E58, R13
Suggested Citation: Suggested Citation