Is the Phillips Curve Really a Curve? : Some Evidence for Canada, the United Kingdom, and the United States /
Previous tests for convexity in the Phillips curve have been biased because researchers have employed filtering techniques for the NAIRU that have been fundamentally inconsistent with the existence of convexity. This paper places linear and nonlinear models of the Phillips curve on an equal statisti...
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| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1996
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| Series: | IMF Working Papers ;
Working Paper No. 96/111 IMF eLibrary |
| Subjects: | |
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