The Non-Linear Long-Run Phillips Curve: Implications for Monetary Policy.

A Layard/Nickell imperfect competition model is used to derive the long-run Phillips Curve (LRPC).

Year of publication:	1996
Authors:	Russell, B.
Institutions:	Department of Economics, Oxford University
Subject:	COMPETITION \| ECONOMIC MODELS

Series:	Economics Series Working Papers.
Type of publication:	Book / Working Paper
Notes:	19 pages
Classification:	E10 - General Aggregative Models. General ; E17 - Forecasting and Simulation ; E32 - Business Fluctuations; Cycles
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005047876