Rao, B. Bhaskara; Paradiso, Antonio; Esposito, Piero - Volkswirtschaftliche Fakultät, … - 2011
This paper uses a recent panel method of Russell and Banerjee (2008) to estimate the new Keynesian Phillips curve for Australia. Our estimates show that while the hybrid new Keynesian Phillips curve and backward looking conventional Phillips curve are well determined, estimates of the Phillips...
