1.
This paper shows that alternative production technologies imply two modifications to the New Phillips Curve (NPC): A specific 'strategic complementarity parameter' that a[...]
2005 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
2.
Recent research on the new Phillips curve (NPC) (e.g., Galí, Gertler, and López-Salido 2001a) gives marginal cost an important role in capturing pressures on inflation. I[...]
2001 | Text | Staff Working Paper - Document de travail du personnel |