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¿Cuán no lineal es la curva de Phillips de Perú?

Author

Listed:
  • MarcoVega

    (Banco Central de Reserva del Perú)

  • Andrew Garcia

    (Universidad del Pacífico)

Abstract

Este artículo introduce el uso de las redes de Kolmogorov-Arnold (KAN) para identificar e interpretar las formas funcionales de la curva de Phillips en el Perú. Los resultados indican que la curva podría exhibir no linealidades; sin embargo, estas no se derivan de la relación entre la inflación y la actividad económica o la tasa de desempleo —como se asume comúnmente en la literatura existente—, sino de la interacción entre las variaciones del tipo de cambio y la inflación. Aunque este hallazgo contrasta con la mayoría de las investigaciones previas, que enfatizan la no linealidad a través de la brecha del producto o el desempleo, no se descarta la posibilidad de linealidad. Los datos revelan tanto dinámicas lineales como no lineales.

Suggested Citation

  • MarcoVega & Andrew Garcia, 2025. "¿Cuán no lineal es la curva de Phillips de Perú?," Working Papers 2025-025, Banco Central de Reserva del Perú.
    • Handle: RePEc:rbp:wpaper:2025-025
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