English, Article, Journal or magazine article edition: Change of regime and Phillips curve stability:The case of Spain, 1964-2002 Oscar Bajo-Rubio; Mª Carmen Díaz Roldán; Vicente Esteve

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Bookmark: http://trove.nla.gov.au/version/160429
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Change of regime and Phillips curve stability:The case of Spain, 1964-2002
Author
  • Oscar Bajo-Rubio
  • Mª Carmen Díaz Roldán
  • Vicente Esteve
Physical Description
  • preprint
Notes
  • Traditional Phillips curves relating inflation to a measure of the level of activity, and augmented to include past inflation (assumed to proxy expected inflation), have been thought to be highly unstable over time. In this paper we try to investigate, using recent econometric developments, whether such a statement can be supported over a long time period. In the empirical application, we analyze the case of Spain along the period 1964 to 2002.
  • Structural changes, Inflation, Phillips curve
  • RePEc:cea:doctra:e2004_52
Language
  • English
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