The Non-Linear Long-Run Phillips Curve: Implications for Monetary Policy
B. Russell
Economics Series Working Papers from University of Oxford, Department of Economics
Abstract:
A Layard/Nickell imperfect competition model is used to derive the long-run Phillips Curve (LRPC).
Keywords: COMPETITION; ECONOMIC MODELS (search for similar items in EconPapers)
JEL-codes: E10 E17 E32 (search for similar items in EconPapers)
Date: 1996
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Persistent link: http://EconPapers.repec.org/RePEc:oxf:wpaper:99182
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