Fanelli, Luca - Dipartimento di Scienze Statistiche "Paolo Fortunati", … - 2006
In this paper we set out a test of the New Keynesian Phillips Curve (NKPC) based on Vector Autoregressive (VAR) models. The proposed technique does not rely on the Anderson and Moore (1985) method and can be implemented with any existing econometric software. The idea is to use a VAR involving...
