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The 'New Keynesian' Phillips Curve: Closed Economy versus Open Economy
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Cited by:
- Joseph Plasmans & Jacob Engwerda & Bas Van Aarle & Tomasz Michalak & Giovanni Di Bartolomeo, 2006.
"Macroeconomic Stabilization Policies In The Emu: Spillovers, Asymmetries And Institutions,"
Scottish Journal of Political Economy, Scottish Economic Society, vol. 53(4), pages 461-484, September.
- DI BARTOLOMEO, Giovanni & ENGWERDA, Jacob & PLASMANS, Joseph & VAN AARLE, Bas, 2003. "Macroeconomic stabilisation policies in the EMU: Spillovers, asymmetries and institutions," Working Papers 2003019, University of Antwerp, Faculty of Business and Economics.
- Giovanni Di Bartolomeo & Jacob Engwerda & Joseph Plasmans & Bas van Aarle & Tomasz Michalak & Bas Van Aarle, 2005. "Macroeconomic Stabilization Policies in the EMU: Spillovers, Asymmetries, and Institutions," CESifo Working Paper Series 1376, CESifo.
- Razîn, Assaf & Binyamini, Alon, 2007. "Flattening of the Short-run Trade-off between Inflation and Domestic Activity: The Analytics of the Effects of Globalization," Kiel Working Papers 1363, Kiel Institute for the World Economy (IfW Kiel).
- Eijffinger, S.C.W. & Qian, Z., 2010.
"Globalization and the Output-Inflation Tradeoff : New Time Series Evidence,"
Other publications TiSEM
f4bfa96e-e080-4bb4-9714-c, Tilburg University, School of Economics and Management.
- Eijffinger, S.C.W. & Qian, Z., 2010. "Globalization and the Output-Inflation Tradeoff : New Time Series Evidence," Discussion Paper 2010-27, Tilburg University, Center for Economic Research.
- Eijffinger, Sylvester & Qian, Zongxin, 2010. "Globalization and the Output-inflation Tradeoff: New Time Series Evidence," CEPR Discussion Papers 7718, C.E.P.R. Discussion Papers.
- Eijffinger, S.C.W. & Qian, Z., 2010. "Globalization and the Output-Inflation Tradeoff : New Time Series Evidence," Other publications TiSEM 5cc49c62-5233-4471-8d7a-0, Tilburg University, School of Economics and Management.
- Joseph Daniels & Sandeep Mazumder & David VanHoose, 2015. "Implications of Globalization for the Output-inflation Relationship: an Assessment," Open Economies Review, Springer, vol. 26(1), pages 39-60, February.
- Milani, Fabio, 2009.
"Does global slack matter more than domestic slack in determining U.S. inflation?,"
Economics Letters, Elsevier, vol. 102(3), pages 147-151, March.
- Fabio Milani, 2008. "Does Global Slack Matter More than Domestic Slack in Determining U.S. Inflation?," Working Papers 080910, University of California-Irvine, Department of Economics.
- Juan F. Castro, 2004.
"On the Reasons Behind Fear of Floating: Pass-through Effects vs. Contractionary Depreciations,"
Econometric Society 2004 Latin American Meetings
268, Econometric Society.
- Juan F. Castro, 2004. "On the Reasons Behind Fear of Floating: Pass-through Effects vs. Contractionary Depreciations," Working Papers 04-02, Centro de Investigación, Universidad del Pacífico.
- Mazumder, Sandeep, 2014.
"Determinants of the sacrifice ratio: Evidence from OECD and non-OECD countries,"
Economic Modelling, Elsevier, vol. 40(C), pages 117-135.
- Mazumder, Sandeep, 2012. "Determinants of the Sacrifice Ratio: Evidence from OECD and non-OECD countries," Working Papers 106, Wake Forest University, Economics Department.
- Fabio Rumler, 2007.
"Estimates of the Open Economy New Keynesian Phillips Curve for Euro Area Countries,"
Open Economies Review, Springer, vol. 18(4), pages 427-451, September.
- Rumler, Fabio, 2005. "Estimates of the open economy New Keynesian Phillips curve for euro area countries," Working Paper Series 496, European Central Bank.
- Fabio Rumler, 2005. "Estimates of the Open Economy New Keynesian Phillips Curve for Euro Area Countries," Working Papers 102, Oesterreichische Nationalbank (Austrian Central Bank).
- Marco Antonio Vega de la Cruz & Diego Winkelried Quezada, 2004. "El efecto arrastre de la inflación mundial en economías pequeñas y abiertas," Premio de Banca Central Rodrigo Gómez / Central Banking Award "Rodrigo Gómez", Centro de Estudios Monetarios Latinoamericanos, CEMLA, number prg2004, July-Dece.
- Baxa, Jaromír & Plašil, Miroslav & Vašíček, Bořek, 2015.
"Changes in inflation dynamics under inflation targeting? Evidence from Central European countries,"
Economic Modelling, Elsevier, vol. 44(C), pages 116-130.
- Jaromir Baxa & Miroslav Plasil & Borek Vasicek, 2012. "Changes in Inflation Dynamics under Inflation Targeting? Evidence from Central European Countries," Working Papers 2012/04, Czech National Bank.
- Charles R. Bean, 2006. "Impact of globalization on monetary policy : commentary," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 307-313.
- Sekine, Toshitaka, 2009.
"Another look at global disinflation,"
Journal of the Japanese and International Economies, Elsevier, vol. 23(2), pages 220-239, June.
- Toshitaka Sekine, 2009. "Another Look at Global Disinflation," NBER Chapters, in: Financial Globalization, 20th Anniversary Conference, NBER-TCER-CEPR, National Bureau of Economic Research, Inc.
- Toshitaka Sekine, 2009. "Another look at global disinflation," BIS Working Papers 283, Bank for International Settlements.
- Zouhair Aït Benhamou, 2017.
"Microfoundations of the New Keynesian Phillips Curve in an Open Emerging Economy,"
EconomiX Working Papers
2017-49, University of Paris Nanterre, EconomiX.
- Zouhair Ait Benhamou, 2017. "Microfoundations of the New Keynesian Phillips Curve in an Open Emerging Economy," Post-Print hal-02977727, HAL.
- Assaf Razin, 2004.
"Globalization and Disinflation: A Note,"
NBER Working Papers
10954, National Bureau of Economic Research, Inc.
- Razin, Assaf, 2005. "Globalization and Disinflation: A Note," CEPR Discussion Papers 4826, C.E.P.R. Discussion Papers.
- Michael Woodford, 2007.
"Globalization and Monetary Control,"
NBER Chapters, in: International Dimensions of Monetary Policy, pages 13-77,
National Bureau of Economic Research, Inc.
- Michael Woodford, 2007. "Globalization and Monetary Control," NBER Working Papers 13329, National Bureau of Economic Research, Inc.
- Woodford, Michael, 2007. "Globalization and Monetary Control," CEPR Discussion Papers 6448, C.E.P.R. Discussion Papers.
- Razin, Assaf, 2004.
"Aggregate Supply and Potential Output,"
CEPR Discussion Papers
4295, C.E.P.R. Discussion Papers.
- Assaf Razin, 2004. "Aggregate Supply and Potential Output," NBER Working Papers 10294, National Bureau of Economic Research, Inc.
- Razin, Assaf, 2004. "Aggregate Supply and Potential Output," CEPR Discussion Papers 4217, C.E.P.R. Discussion Papers.
- Assaf Razin, 2004. "Aggregate Supply and Potential Output," Working Papers 142004, Hong Kong Institute for Monetary Research.
- André, Marine-Charlotte & Traficante, Guido, 2020. "Forward Guidance in Small Open Economy," MPRA Paper 104600, University Library of Munich, Germany.
- Alon Binyamini & Assaf Razin, 2007. "Flattened Inflation-Output Tradeoff and Enhanced Anti-Inflation Policy as an Equilibrium Outcome of Globalization," Working Papers 232007, Hong Kong Institute for Monetary Research.
- Francesco Bianchi & Andrea Civelli, 2013. "Globalization and Inflation: Structural Evidence from a Time Varying VAR Approach," Working Papers 13-20, Duke University, Department of Economics.
- Daniels, Joseph P. & VanHoose, David D., 2013.
"Exchange-rate pass through, openness, and the sacrifice ratio,"
Journal of International Money and Finance, Elsevier, vol. 36(C), pages 131-150.
- Daniels, Joseph P & VanHoose, David D, 2010. "Exchange-Rate Pass Through, Openness, and the Sacrifice Ratio," Working Papers and Research 2010-05, Marquette University, Center for Global and Economic Studies and Department of Economics.
- Sang‐Kun Bae & Ronald A. Ratti, 2008. "Conservative Central Banks and Nominal Growth, Exchange Rate and Inflation Targets," Economica, London School of Economics and Political Science, vol. 75(299), pages 549-568, August.
- Poghosyan, Karen & Boldea, Otilia, 2013.
"Structural versus matching estimation: Transmission mechanisms in Armenia,"
Economic Modelling, Elsevier, vol. 30(C), pages 136-148.
- Poghosyan, K. & Boldea, O., 2011. "Structural versus Matching Estimation : Transmission Mechanisms in Armenia," Other publications TiSEM cbb75e20-8475-4f79-ba65-d, Tilburg University, School of Economics and Management.
- Poghosyan, K. & Boldea, O., 2011. "Structural versus Matching Estimation : Transmission Mechanisms in Armenia," Discussion Paper 2011-104, Tilburg University, Center for Economic Research.
- Yuen Chi-Wa, 2002. "Openness And The Output-Inflation Tradeoff: Floating Vs. Fixed Exchange Rates," International Economic Journal, Taylor & Francis Journals, vol. 16(4), pages 1-26.
- Fabio Rumler, 2006. "The New Keynesian Phillips Curve for Austria – An Extension for the Open Economy," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 4, pages 55-69.
- Alessandro Calza, 2009. "Globalization, Domestic Inflation and Global Output Gaps: Evidence from the Euro Area," International Finance, Wiley Blackwell, vol. 12(3), pages 301-320, December.
- Etro, Federico & Rossi, Lorenza, 2015. "Optimal monetary policy under Calvo pricing with Bertrand competition," Journal of Macroeconomics, Elsevier, vol. 45(C), pages 423-440.
- Barbara Caporale & Tony Caporale, 2008. "Political Regimes and the Cost of Disinflation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(7), pages 1541-1554, October.
- Pym Manopimoke, 2015. "Globalization and International Inflation Dynamics: The Role of the Global Output Gap," PIER Discussion Papers 8, Puey Ungphakorn Institute for Economic Research.
- Pym Manopimoke, 2015. "Globalization and International Inflation Dynamics: The Role of the Global Output Gap," PIER Discussion Papers 8., Puey Ungphakorn Institute for Economic Research, revised Nov 2015.
- Bernd Hayo & Britta Niehof, 2014.
"Analysis of Monetary Policy Responses After Financial Market Crises in a Continuous Time New Keynesian Model,"
MAGKS Papers on Economics
201421, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Niehof, Britta & Hayo, Bernd, 2014. "Analysis of Monetary Policy Responses after Financial Market Crises in a Continuous Time New Keynesian Model," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100410, Verein für Socialpolitik / German Economic Association.
- Bowdler, Christopher, 2009.
"Openness, exchange rate regimes and the Phillips curve,"
Journal of International Money and Finance, Elsevier, vol. 28(1), pages 148-160, February.
- Christopher Bowdler, 2005. "Openness, exchange rate regimes and the Phillips curve," Economics Papers 2005-W25, Economics Group, Nuffield College, University of Oxford.
- Eijffinger, Sylvester C.W. & Qian, Zongxin, 2016. "Trade openness and the Phillips curve: The neglected heterogeneity and robustness of empirical evidence," International Review of Economics & Finance, Elsevier, vol. 44(C), pages 13-18.
- Bouakez, Hafedh, 2005.
"Nominal rigidity, desired markup variations, and real exchange rate persistence,"
Journal of International Economics, Elsevier, vol. 66(1), pages 49-74, May.
- Hafedh Bouakez, 2002. "Nominal Rigidity, Desired Markup Variations, and Real Exchange Rate Persistence," Staff Working Papers 02-26, Bank of Canada.
- hafedh bouakez, 2003. "Nominal Rigidity, Desired Markup Variations, and Real Exchange Rate Persistence," Computing in Economics and Finance 2003 52, Society for Computational Economics.
- Kenneth D. West, 2005. "Comment on "Globalization and Disinflation: The Efficiency Channel"," NBER Chapters, in: NBER International Seminar on Macroeconomics 2005, pages 200-203, National Bureau of Economic Research, Inc.
- Joseph Daniels & David VanHoose, 2009.
"Trade Openness, Capital Mobility, and the Sacrifice Ratio,"
Open Economies Review, Springer, vol. 20(4), pages 473-487, September.
- Joseph P. Daniels & David D. VanHoose, 2007. "Trade Openness, Capital Mobility, and the Sacrifice Ratio," Working Papers and Research 0701, Marquette University, Center for Global and Economic Studies and Department of Economics.
- Milani, Fabio, 2010.
"Global slack and domestic inflation rates: A structural investigation for G-7 countries,"
Journal of Macroeconomics, Elsevier, vol. 32(4), pages 968-981, December.
- Fabio Milani, 2009. "Global Slack and Domestic Inflation Rates: A Structural Investigation for G-7 Countries," Working Papers 080919, University of California-Irvine, Department of Economics.
- Fabio Milani, 2009. "Global slack and domestic inflation rates: a structural investigation for G-7 countries," Globalization Institute Working Papers 33, Federal Reserve Bank of Dallas.
- Alon Binyamini & Assaf Razin, 2008.
"Inflation-Output Tradeoff As Equilibrium Outcome of Globalization,"
Israel Economic Review, Bank of Israel, vol. 6(1), pages 109-134.
- Alon Binyamini & Assaf Razin, 2008. "Inflation-Output Tradeoff as Equilibrium Outcome of Globalization," NBER Working Papers 14379, National Bureau of Economic Research, Inc.
- Alexander Mihailov & Fabio Rumler & Johann Scharler, 2011.
"The Small Open-Economy New Keynesian Phillips Curve: Empirical Evidence and Implied Inflation Dynamics,"
Open Economies Review, Springer, vol. 22(2), pages 317-337, April.
- Alexander Mihailov & Fabio Rumler & Johann Scharler, 2008. "The Small Open-Economy New Keynesian Phillips Curve: Empirical Evidence and Implied Inflation Dynamics," Economics working papers 2008-17, Department of Economics, Johannes Kepler University Linz, Austria.
- Alexander Mihailov & Fabio Rumler & Johann Scharler, 2008. "The Small Open-Economy New Keynesian Phillips Curve: Empirical Evidence and Implied Inflation Dynamics," Economics Discussion Papers em-dp2008-63, Department of Economics, University of Reading.
- Christopher Bowdler, 2005. "Openness, exchange rate regimes and the Phillips curve," Economics Series Working Papers 2005-W25, University of Oxford, Department of Economics.
- Erasmus K. Kersting & Mark A. Wynne, 2007. "Openness and inflation," Staff Papers, Federal Reserve Bank of Dallas, issue Apr.
- Andrea Vaona, 2015.
"The price-price Phillips curve in small open economies and monetary unions: theory and empirics,"
International Economics and Economic Policy, Springer, vol. 12(2), pages 281-307, June.
- Vaona, Andrea, 2014. "The price-price Phillips curve in small open economies and monetary unions: Theory and empirics," Kiel Working Papers 1904, Kiel Institute for the World Economy (IfW Kiel).
- Carlos C. Bautista, 2009. "An examination of Philippine monetary policy rules," UP School of Economics Discussion Papers 200912, University of the Philippines School of Economics.
- Sandra Eickmeier & Katharina Pijnenburg, 2013.
"The Global Dimension of Inflation – Evidence from Factor-Augmented Phillips Curves,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 75(1), pages 103-122, February.
- Eickmeier, Sandra & Moll, Katharina, 2008. "The global dimension of inflation: evidence from factor-augmented Phillips curves," Discussion Paper Series 1: Economic Studies 2008,16, Deutsche Bundesbank.
- Eickmeier, Sandra & Moll, Katharina, 2009. "The global dimension of inflation - evidence from factor-augmented Phillips curves," Working Paper Series 1011, European Central Bank.
- Mark A. Wynne & Ren Zhang, 2018.
"Measuring The World Natural Rate Of Interest,"
Economic Inquiry, Western Economic Association International, vol. 56(1), pages 530-544, January.
- Mark A. Wynne & Ren Zhang, 2017. "Measuring the World Natural Rate of Interest," Globalization Institute Working Papers 315, Federal Reserve Bank of Dallas.
- Razin, Assaf & Loungani, Prakash, 2005. "Globalization and Disinflation: The Efficiency Channel," CEPR Discussion Papers 4895, C.E.P.R. Discussion Papers.
- Andrew Pickering & Hector Valle, 2008. "Openness, imported commodities and the Phillips Curve," Bristol Economics Discussion Papers 08/608, School of Economics, University of Bristol, UK.
- André Marine Charlotte & Traficante Guido, 2021. "Forward Guidance in an Advanced Small Open Economy in the Effective Lower Bound," Working Papers 2021-16, Banco de México.
- Pym Manopimoke & Wanicha Direkudomsak, 2015. "Thai Inflation Dynamics in a Globalized Economy," PIER Discussion Papers 11., Puey Ungphakorn Institute for Economic Research, revised Nov 2015.
- Konstantin Styrin & Oleg Zamulin, 2012.
"A Real Exchange Rate Based Phillips Curve,"
Working Papers
w0179, New Economic School (NES).
- Konstantin Styrin & Oleg Zamulin, 2012. "A Real Exchange Rate Based Phillips Curve," Working Papers w0179, Center for Economic and Financial Research (CEFIR).
- Takhtamanova, Yelena F., 2010.
"Understanding changes in exchange rate pass-through,"
Journal of Macroeconomics, Elsevier, vol. 32(4), pages 1118-1130, December.
- Yelena Takhtamanova, 2008. "Understanding changes in exchange rate pass-through," Working Paper Series 2008-13, Federal Reserve Bank of San Francisco.
- Janine Aron & John Muellbauer & B. Smit, 2004.
"A Structural Model of the Inflation Process in South Africa,"
CSAE Working Paper Series
2004-08, Centre for the Study of African Economies, University of Oxford.
- Janine Aron & John Muellbauer & Benjamin Smit, 2004. "A Structural Model of the Inflation Process in South Africa," Development and Comp Systems 0409055, University Library of Munich, Germany.
- Poghosyan, K., 2012. "Structural and reduced-form modeling and forecasting with application to Armenia," Other publications TiSEM ad1a24c3-15e6-4f04-b338-3, Tilburg University, School of Economics and Management.
- Argia M. Sbordone, 2007.
"Globalization and Inflation Dynamics: The Impact of Increased Competition,"
NBER Chapters, in: International Dimensions of Monetary Policy, pages 547-579,
National Bureau of Economic Research, Inc.
- Argia M. Sbordone, 2007. "Globalization and Inflation Dynamics: the Impact of Increased Competition," NBER Working Papers 13556, National Bureau of Economic Research, Inc.
- Argia M. Sbordone, 2008. "Globalization and inflation dynamics: the impact of increased competition," Staff Reports 324, Federal Reserve Bank of New York.
- Marine Charlotte André & Meixing Dai, 2018.
"The limits to robust monetary policy in a small open economy with learning agents,"
Working Papers of BETA
2018-45, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- André Marine Charlotte & Dai Meixing, 2020. "The limits to robust monetary policy in a small open economy with learning agents," Working Papers 2020-12, Banco de México.
- Alberto Naudon & Joaquín Vial, 2016. "The evolution of inflation in Chile since 2000," BIS Papers chapters, in: Bank for International Settlements (ed.), Inflation mechanisms, expectations and monetary policy, volume 89, pages 93-116, Bank for International Settlements.
- Assaf Razin & Alon Binyamini, 2007. "Flattened Inflation-Output Tradeoff and Enhanced Anti-Inflation Policy: Outcome of Globalization?," NBER Working Papers 13280, National Bureau of Economic Research, Inc.
- Marco Vega & Diego Winkelried, 2004.
"How Does Global Disinflation Drag Inflation in Small Open Economies?,"
Macroeconomics
0403008, University Library of Munich, Germany.
- Diego Winkelried & Marco Vega, 2004. "How Does Global Disinflation Drag Inflation in Small Open Economies?," Econometric Society 2004 Latin American Meetings 76, Econometric Society.
- Marco Vega & Diego Winkelreid, 2005. "How Does a Global Disinflation Drag Inflation in Small Open Economies?," Working Papers 2005-001, Banco Central de Reserva del Perú.
- Daniels, Joseph P. & VanHoose, David D., 2009.
"Openness, income-tax progressivity, and inflation,"
Journal of Macroeconomics, Elsevier, vol. 31(3), pages 485-491, September.
- Joseph P. Daniels & David D. VanHoose, 2007. "Openness, Income-Tax Progressivity, and Inflation," Working Papers and Research 0704, Marquette University, Center for Global and Economic Studies and Department of Economics.
- Yeh, Kuo-chun, 2012. "Renminbi in the future international monetary system," International Review of Economics & Finance, Elsevier, vol. 21(1), pages 106-114.
- Pym Manopimoke & Wanicha Direkudomsak, 2015. "Thai Inflation Dynamics in a Globalized Economy," PIER Discussion Papers 11, Puey Ungphakorn Institute for Economic Research.
- Areosa, Waldyr Dutra & Medeiros, Marcelo, 2007. "Inflation Dynamics in Brazil: The Case of a Small Open Economy," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 27(1), May.
- Sergey Merzlyakov, 2012. "Strategic Interaction Between Fiscal and Monetary Policies in an Export-Oriented Economy," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 59(2), pages 201-216, May.
- Fabio Ghironi, 2002. "Endogenously persistent output dynamics: A puzzle for the sticky-price model?," Boston College Working Papers in Economics 527, Boston College Department of Economics.
- Assaf Razin & Prakash Loungani, 2005. "Globalization and Inflation-Output Tradeoffs," NBER Working Papers 11641, National Bureau of Economic Research, Inc.
- Pickering Andrew & Valle Héctor A., 2012. "Openness, Imported Commodities and the Sacrifice Ratio," The B.E. Journal of Macroeconomics, De Gruyter, vol. 12(1), pages 1-26, March.
- E. Balatskiy V. & M. Yurevich A. & Е. Балацкий В. & М. Юревич А., 2018. "Прогнозирование инфляции: практика использования синтетических процедур // Inflation Forecasting: The Practice of Using Synthetic Procedures," Мир новой экономики // The world of new economy, Финансовый университет при Правительстве Российской Федерации // Financial University under The Governtment оf The Russian Federation, vol. 12(4), pages 20-31.
- Cavelaars, Paul, 2009. "Does globalisation discipline monetary policymakers?," Journal of International Money and Finance, Elsevier, vol. 28(3), pages 392-405, April.
- Vaona, Andrea, 2011. "The efficiency wages Phillips curve: Closed economy versus open economy," Kiel Working Papers 1715, Kiel Institute for the World Economy (IfW Kiel).
- Assaf Razin & Prakash Loungani, 2005. "Globalization and Equilibrium Inflation-Output Tradeoffs," NBER Chapters, in: NBER International Seminar on Macroeconomics 2005, pages 171-192, National Bureau of Economic Research, Inc.
- repec:onb:oenbwp:y::i:102:b:1 is not listed on IDEAS
- Yeh, Kuo-chun & Ho, Tai-kuang, 2010. "Will Japan, Taiwan or the US be isolated by China? A macroeconomic game approach," Japan and the World Economy, Elsevier, vol. 22(1), pages 59-68, January.
- Assaf Razin & Prakash Loungani, 2005. "US Monetary Policy Announcements and the Term Structure of Interest Rate Differentials: Evidence from Hong Kong and Singapore," Working Papers 102005, Hong Kong Institute for Monetary Research.