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Inflation forecasting using the New Keynesian Phillips Curve with a time-varying trend

McKnight, Stephen; Mihailov, Alexander; Rumler, Fabio - In: Economic modelling 87 (2020), pp. 383-393

Persistent link: https://www.econbiz.de/10012416768

Nonparametric panel data model for crude oil and stock market prices in net oil importing countries

Silvapulle, Paramsothy; Smyth, Russell; Zhang, Xibin; … - In: Energy economics 67 (2017), pp. 255-267

Persistent link: https://www.econbiz.de/10011897918

Estimation of forward-looking relationships in closed form: An application to the new Keynesian Phillips curve

Barnes, Michelle L.; Gumbau-Brisa, Fabià; Lie, Denny; … - 2011

expectations. In particular, our estimates show that the NKPC is not purely forward-looking, and thus that time-varying trend …

Persistent link: https://www.econbiz.de/10010280894

A response to Cogley and Sbordone's comment on Closed-form estimates of the new Keynesian Phillips curve with time-varying trend inflation

Gumbau-Brisa, Fabià; Lie, Denny; Olivei, Giovanni P. - 2011

In their 2010 comment (which we refer to as CS10), Cogley and Sbordone argue that: (1) our estimates are not entirely closed form, and hence are arbitrary; (2) we cannot guarantee that our estimates are valid, while their estimates (Cogley and Sbordone 2008, henceforth CS08) always are; and (3)...

Persistent link: https://www.econbiz.de/10010280905

A Response to Cogley and Sbordone's Comment on "Closed-Form Estimates of the New Keynesian Phillips Curve with Time-Varying Trend Inflation"

Gumbau-Brisa, Fabià; Lie, Denny; Olivei, Giovanni P. - School of Economics, Faculty of Arts and Social Sciences - 2011

In their 2010 comment (which we refer to as CS10), Cogley and Sbordone argue that: (i) our estimates are not entirely closed form, and hence are arbitrary; (ii) we cannot guarantee that our estimates are valid, while their estimates (Cogley and Sbordone 2008, henceforth CS08) always are; and...

Persistent link: https://www.econbiz.de/10009221525

Estimation of Forward-Looking Relationships in Closed Form: An Application to the New Keynesian Phillips Curve

Barnes, Michelle L.; Gumbau-Brisa, Fabià; Lie, Denny; … - School of Economics, Faculty of Arts and Social Sciences - 2011

expectations. In particular, our estimates show that the NKPC is not purely forward-looking, and thus that time-varying trend …

Persistent link: https://www.econbiz.de/10009221527