文章基本信息

标题：The new Keynesian Phillips Curve. Implications. Strengths and weaknesses
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作者：Rareș-Petru MIHALACHE ; Dumitru Alexandru BODISLAV
期刊名称：Theoretical and Applied Economics
印刷版ISSN：1841-8678
电子版ISSN：1844-0029
出版年度：2019
卷号：XXVI
期号：4
页码：85-92
语种：English
出版社：Asociatia Generala a Economistilor din Romania - AGER
摘要：The present paper explores the first Dynamic Stochastic General Equilibrium New Keynesian Model and it seeks to emphasize the main advantages and disadvantages involved by the NKPC. Firstly, we start the analysis by discussing briefly about the history of the Phillips Curve and then we try to stress the most important aspects regarding the standard and the hybrid New Keynesian Phillips Curves. Secondly, our goal is to provide an insight about this topic which can represent the starting point for further analysis. Moreover, a special section is included which emphasizes the evidence referred to the NKPC and the hybrid NKPC.