The Case of the Reappearing Phillips Curve: A Discussion of Recent Findings
26 Pages Posted: 19 Aug 2020
Date Written: July, 2020
Abstract
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
Bharadwaj, Asha and Dvorkin, Maximiliano A., The Case of the Reappearing Phillips Curve: A Discussion of Recent Findings (July, 2020). Available at SSRN: https://ssrn.com/abstract=3676673 or http://dx.doi.org/10.20955/r.102.313-37
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