Phillips curve and the equilibrium rate of unemployment / G.C. Lim, R. Dixon and S. Tsiaplias
- Bib ID:
- 4515429
- Format:
- Book
- Author:
- Lim, G. C. (Guay C.)
- Online Version:
- http://www.melbourneinstitute.com/wp/wp2008n21.pdf
Broken link? let us search Trove , the Wayback Machine , or Google for you.
- Description:
-
- [Parkville, Vic.] : Melbourne Institute of Applied Economic and Social Research, 2008
- 25 p. : ill. ; 21 cm.
- ISBN:
- 9780734032898
- Series:
- Melbourne Institute working paper ; no. 08/21.
- Summary:
-
"A time-varying Phillips curve was estimated as a means to examine the changing nature of the negative relationship between wage inflation and the unemployment rate in Australia. The implied equilibrium unemployment rate was generated and the analysis showed the important role played by variations in the slope of the Phillips curve (and thus in real wage rigidity) in changing the equilibrium unemployment rate. The deviations of actuals from the estimated equilibrium unemployment rates also performed well as measures of inflationary pressures."--Institute website.
- Notes:
-
- "October 2008"
- Includes bibliographical references (p. 23-25)
- Also available in an electronic version on the Internet. Address as of 25 Nov. 2008: http://www.melbourneinstitute.com/wp/wp2008n21.pdf.
- Subject:
- Other authors/contributors:
- Copyright:
-
In Copyright
You may copy under some circumstances, for example you may copy a portion for research or study. Order a copy through Copies Direct to the extent allowed under fair dealing. Contact us for further information about copying.
Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 2008
Copyright status may not be correct if data in the record is incomplete or inaccurate. Other access conditions may also apply. For more information please see: Copyright in library collections.
Request this item
Request this item to view in the Library’s reading room.
Feedback
Similar items
- Random coefficient models : theory and applications / P.A.V.B. Swamy and George S. Tavlas
- Dynamic equilibrium economies : a framework for comparing models and data / Francis X. Diebold, Lee E. Ohanian, and Jeremy Berkowitz
- Complete and incomplete econometric models / John Geweke
- The use of information criteria for model selection between models with equal numbers of parameters / Simone D. Grose and Maxwell L. King
- Econometric models based on count data : comparisons and application of some estimators and tests / A. Colin Cameron, Pravin K. Trivedi