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Mis-Specification and Frequency Dependence in a New Keynesian Phillips Curve

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  • Richard A. Ashley.
  • Randall J. Verbrugge.

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File URL: http://ashleymac.econ.vt.edu/working_papers/nkpc.pdf
File Function: First version, 2005
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Bibliographic Info

Paper provided by Virginia Polytechnic Institute and State University, Department of Economics in its series Working Papers with number e06-12.

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Length: 46 pages
Date of creation: 2006
Date of revision:
Handle: RePEc:vpi:wpaper:e06-12

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Related research

Keywords: Phillips Curve; spectral regression; time series analysis;

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
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  20. Richard Ashley & Randal Verbrugge, 2009. "Frequency Dependence in Regression Model Coefficients: An Alternative Approach for Modeling Nonlinear Dynamic Relationships in Time Series," Econometric Reviews, Taylor & Francis Journals, vol. 28(1-3), pages 4-20.
  21. Lawrence J. Christiano & Terry J. Fitzgerald, 1999. "The Band Pass Filter," NBER Working Papers 7257, National Bureau of Economic Research, Inc.
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  36. Thoma, Mark A, 1992. "The Effects of Inside and Outside Money on Industrial Production across Spectral Frequency Bands," The Review of Economics and Statistics, MIT Press, vol. 74(4), pages 737-41, November.
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  43. Richard A. Ashley & Randall J. Verbrugge., 2006. "Mis-Specification in Phillips Curve Regressions: Quantifying Frequency Dependence in This Relationship While Allowing for Feedback," Working Papers e06-11, Virginia Polytechnic Institute and State University, Department of Economics.
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Citations

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Cited by:
  1. Richard A. Ashley & Kwok Ping Tsang & Randal J. Verbrugge, 2013. "Frequency Dependence in a Real-Time Monetary Policy Rule," Working Papers e07-43, Virginia Polytechnic Institute and State University, Department of Economics.
  2. Tiwari, Aviral Kumar & Oros, Cornel & Albulescu, Claudiu Tiberiu, 2014. "Revisiting the inflation–output gap relationship for France using a wavelet transform approach," Economic Modelling, Elsevier, vol. 37(C), pages 464-475.

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