EconPapers    
Economics at your fingertips  
 

'Modern' Phillips Curves and the Implications For The Statistical Process of Inflation

Bill Russel
Authors registered in the RePEc Author Service: Bill Russell ()

No 2015-84, SIRE Discussion Papers from Scottish Institute for Research in Economics (SIRE)

Abstract: 'Modern' theories of the Phillips curve imply that inflation is an integrated, or near integrated process. This paper explains this implication and why these 'modern' theories are logically inconsistent with what is commonly known about the statistical process of inflation.

Keywords: Phillips curve; inflation; stationary; integrated; macroeconomics (search for similar items in EconPapers)
Date: 2015-06-18
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10943/692
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
Journal Article: ‘Modern’ Phillips curves and the implications for the statistical process of inflation (2017) Downloads
Working Paper: ‘MODERN’ PHILLIPS CURVES AND THE IMPLICATIONS FOR THE STATISTICAL PROCESS OF INFLATION (2015) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:edn:sirdps:692

Access Statistics for this paper

More papers in SIRE Discussion Papers from Scottish Institute for Research in Economics (SIRE) 31 Buccleuch Place, EH8 9JT, Edinburgh. Contact information at EDIRC.
Bibliographic data for series maintained by Research Office ().

 
Page updated 2021-01-14
Handle: RePEc:edn:sirdps:692