The Phillips curve at 65: time for time and frequency

DOI10.1016/J.JEDC.2023.104620MaRDI QIDQ6111409zbMATH OpenOpenAlexFDO

Authors Luís Aguiar-Conraria, Manuel M. F. Martins, Maria Joana Soares

Publication date 6 July 2023

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Copyright license Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International

Full work available at URL https://doi.org/10.1016/j.jedc.2023.104620

zbMATH Keywords

business cyclesunemploymentinflationcontinuous wavelet transformPhillips curvepartial wavelet gain

Mathematics Subject Classification ID

Nontrigonometric harmonic analysis involving wavelets and other special systems (42C40) Economic time series analysis (91B84) Labor markets (91B39)

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Cites work

• A Parametric Approach to Flexible Nonlinear Inference
• Decomposition of Hardy Functions into Square Integrable Wavelets of Constant Shape
• Inflation Persistence
• Natural rate doubts
• Testing for time variation in an unobserved components model for the U.S. economy
• The elusive costs of inflation: price dispersion during the U.S. Great Inflation
• The slope of the Phillips curve: evidence from U.S. states
• The yield curve and the macro-economy across time and frequencies
• Uncertainty-dependent effects of monetary policy shocks: a new-Keynesian interpretation

Cited in

(8)

• The slope of the Phillips curve: evidence from U.S. states
• The U. S. Phillips curve: The case for asymmetry
• Sectoral inflation and the Phillips curve: what has changed Since the great recession?
• Market power, NAIRU, and the Phillips curve
• Inflation dynamics in the frequency domain
• Do professional forecasters believe in the Phillips curve? Evidence from the G7 countries
• Dampened expectations in the Phillips Curve: a note
• Increasing returns to scale and the long-run Phillips curve

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