Mind the output gap: the disconnect of growth and inflation during recessions and convex Phillips curves in the euro area
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- Marco Gross & Willi Semmler, 2019. "Mind the Output Gap: The Disconnect of Growth and Inflation during Recessions and Convex Phillips Curves in the Euro Area," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 81(4), pages 817-848, August.
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Citations
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- Annalisa Cristini & Piero Ferri, 2021. "Nonlinear models of the Phillips curve," Journal of Evolutionary Economics, Springer, vol. 31(4), pages 1129-1155, September.
- Banerjee, Ryan & Contreras, Juan & Mehrotra, Aaron & Zampolli, Fabrizio, 2024. "Inflation at risk in advanced and emerging market economies," Journal of International Money and Finance, Elsevier, vol. 142(C).
- Fabio Busetti & Michele Caivano & Davide Delle Monache, 2021.
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- Fabian Eser & Peter Karadi & Philip R. Lane & Laura Moretti & Chiara Osbat, 2020.
"The Phillips Curve at the ECB,"
Manchester School, University of Manchester, vol. 88(S1), pages 50-85, September.
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More about this item
Keywords
euro area; inflation targeting; monetary policy; monetary VAR; nonlinearity; Phillips curve;All these keywords.
JEL classification:
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2017-03-05 (Central Banking)
- NEP-EEC-2017-03-05 (European Economics)
- NEP-FDG-2017-03-05 (Financial Development and Growth)
- NEP-MAC-2017-03-05 (Macroeconomics)
Statistics
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