Search Results for: Post Pandemic Phillips Curves

Using panel data techniques, we draw on the Phillips curve framework to address gaps in the cross-country inflation literature. We provide a comprehensive asses

We study the global inflation surge during the pandemic recovery and the implications for aggregate and sectoral Phillips curves. We provide evidence that Phill

This paper analyzes whether structural changes in the aftermath of the pandemic have steepened the Phillips curves in advanced economies, reversing the flatteni

After several years of very low inflation, the world economy in 2021 and 2022 has been confronted with an abrupt and persistent rise in inflation rates not seen

We propose a macroeconomic model with a nonlinear Phillips curve that has a flat slope when inflationary pressures are subdued and steepens when inflationary pr