Arbeitspapier
Increasing returns to scale and the long-run Phillips curve
A growing body of empirical evidence shows that there exists a long-run positive tradeoff between inflation and real macroeconomic activity. Within a New Keynesian framewok, we examine how increasing returns generate a positive long-run relation between inflation and output.
- Sprache
-
Englisch
- Erschienen in
-
Series: Kiel Working Paper ; No. 1277
Klassifikation
Wirtschaft
Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy: General (includes Measurement and Data)
Money and Interest Rates: General
Monetary Policy, Central Banking, and the Supply of Money and Credit: General
Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy: General (includes Measurement and Data)
Money and Interest Rates: General
Monetary Policy, Central Banking, and the Supply of Money and Credit: General
Thema
Inflation
Increasing returns
Nominal inertia
Monetary policy
Phillips curve
Phillips-Kurve
Skalenertrag
Ungleichgewichtstheorie
Theorie
Increasing returns
Nominal inertia
Monetary policy
Phillips curve
Phillips-Kurve
Skalenertrag
Ungleichgewichtstheorie
Theorie
Ereignis
Geistige Schöpfung
(wer)
Vaona, Andrea
Snower, Dennis J.
Snower, Dennis J.
Ereignis
Veröffentlichung
(wer)
Kiel Institute for the World Economy (IfW)
(wo)
Kiel
(wann)
2006
- Handle
- Letzte Aktualisierung
-
12.07.2024, 13:23 MESZ
Objekttyp
- Arbeitspapier
Beteiligte
- Vaona, Andrea
- Snower, Dennis J.
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2006
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