Martins, Luis F.; Gabriel, Vasco J. - In: Journal of Macroeconomics 31 (2009) 4, pp. 561-571
In this paper, we examine parameter identification in the hybrid specification of the New Keynesian Phillips Curve proposed by Gali and Gertler [Gali, J., Gertler, M., 1999. Inflation dynamics: a structural econometric analysis. Journal of Monetary Economics 44, 195-222]. We employ recently...
