New measures of the output gap based on the forward-looking new Keynesian Phillips curve

By Arabinda Basistha, Charles R. Nelson. 2007

123 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/605d3eedf2e0c165d25ede152194bb1c793013f7

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In Economics and Econometrics

1. Robert J. Gordon
2. Ian Dew-Becker

Citations in the corpus

• The History of the Phillips Curve: Consensus and Bifurcation (2011, background): “Basistha and Nelson (2007) are among those authors who exclude explicit supply shock variables from their equations and derive estimates of the TV-NAIRU that are extremely high, e.g. 8% in 1975 and 10% in 1981 (2007, Figure 6, p. 509).”