A New Keynesian Phillips curve for Tunisia : Estimation and analysis of sensitivity
AbstractIn this paper, we study some empirical issues in the estimation of a New-Keynesian Phillips curve for Tunisia. In this purpose, we compare the performance of the strict and hybrid forms in the validation of data. In addition, we try to establish the sensitivity of the Phillips curve estimation to some empirical speci�cations. It includes the measures to be used for the output gap variable, as well as the implementation of the generalized method of moments for the estimation of this curve.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 29624.
Date of creation: 10 Nov 2010
Date of revision:
monetary policy; New Keynesian Phillips curve; Inflation; sensitivity; Tunisia;
Find related papers by JEL classification:
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-03-26 (All new papers)
- NEP-ARA-2011-03-26 (MENA - Middle East & North Africa)
- NEP-CBA-2011-03-26 (Central Banking)
- NEP-MAC-2011-03-26 (Macroeconomics)
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