文章基本信息

标题：Testing for a Common OECD Phillips Curve
本地全文：下载
作者：Dave Turner ; Elena Seghezza
期刊名称：Economics Department Working Papers / OECD
印刷版ISSN：0259-4633
出版年度：1999
卷号：1999
DOI：10.1787/340107434541
出版社：Organisation for Economic Co-operation and Development (OECD)
摘要：This paper reports estimates of a reduced form relationship explaining inflation in terms of the output gap and import price inflation for most OECD countries. Results are reported both for single equation estimation on a country-by-country basis and using a system estimation technique in order to impose common parameters across countries where such restrictions are consistent with the data. A striking feature of the results is that most of the countries accept a common sacrifice ratio ...