Prospects for Shifting the Phillips Curve through Manpower Policy
نویسندگان
چکیده
منابع مشابه
The Canadian Phillips Curve and Regime Shifting
Phillips curves are generally estimated under the assumption of linearity and parameter constancy. Linear models of inflation, however, have recently been criticized for their poor forecasting performance. The author investigates the linearity and constancy assumptions of a standard reduced-form Phillips curve for Canada using two different techniques: (i) the methodology proposed by Bai and Pe...
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ژورنال
عنوان ژورنال: Brookings Papers on Economic Activity
سال: 1971
ISSN: 0007-2303
DOI: 10.2307/2534159