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Defensive Expectations Reinventing the Phillips Curve as a Policy Mix
Author
Title
Defensive Expectations [electronic resource] : Reinventing the Phillips Curve as a Policy Mix / by Liviu Voinea.
ISBN
9783030550455
Edition
1st ed. 2021.
Publication
Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2021.
Physical Description
1 online resource (XXVII, 196 p.) 21 illus.
Local Notes
Access is available to the Yale community.
Access and use
Access restricted by licensing agreement.
Summary
This book takes us through the journey of the Phillips Curve to the present debate, dominated by the post-great recession puzzles and the challenges to the fundamental stable relationship between inflation and economic slack. Liviu makes an insightful contribution to the discussion and to our understanding of inflation dynamics by introducing the concept of cumulative wage gap as a measure of slack.Luis de Guindos, Vice President European Central Bank .
Variant and related titles
Springer ENIN.
Other formats
Printed edition:
Printed edition:
Printed edition:
Format
Books / Online
Language
English
Added to Catalog
January 21, 2021
Contents
1. The Phillips Curve: what went wrong
2. An alternative theory of consumption
3. The post-crisis Phillips Curve: cumulative wage gap vs. inflation gap
4. Empirical evidence
5. Policy implications.
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SpringerLink (Online service)
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