The Phillips Curve is Alive and Well: Inflation and the NAIRU During the Slow Recovery

204 citations recorded by the source corpus.

Citations in the corpus

Slack and Cyclically Sensitive Inflation (2019, unknown): “Papers on the apparent flattening of the Phillips curve in the 2000s, and especially since the financial crisis recession includes (among others) Stock and Watson (2010), Ball and Mazumder (2011, 2014), Stock (2011), Gordon (2013), Watson (2014), Kiley (2015), and Blanchard (2016).”
A Phillips Curve with Anchored Expectations and Short-Term Unemployment (2015, unknown): “Following Staiger, Stock, and Watson (1997) and Gordon (2013), we specify an equation for quarterly data with four lags of the unemployment term: πt = π et + 4∑ j=1 α j ( ust− j − us∗t− j ) + t , (4) where πt is the annualized rate of core inflation, π et is expected inflation, u s is the…”
What's Up with the Phillips Curve? (2020, unknown): “…one measure of slack might be less representative of underlying in ationary pressures after 1990, for instance due to changes in the relationship between measured unemployment and the overall health of the labor market (e.g. Stock, 2011, Gordon, 2013, Hong et al., 2018, Ball and Mazumder, 2019).”