* I would like to thank Lutz Weinke for calling my attention to a mistake in my previous analysis of this model, Larry Christiano for helpful discussions, and Mauro Roca for research assistance.

The development of the theory dynamic inflation begins by linking wage and unemployment. In further developments, factor expectation is classified into model. study used data important for ASEAN, because ASEAN one strengths international economy. This analyzes dynamics in using framework New-Keynesian Phillips Curve (NKPC) quarterly panel from 5 members period 2005.QI–2018.QIV. this applies qua...