Andrew Atkeson, Lee E. Ohanian
Abstract
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Stock and Watson (1999a) have done a significant academic study of the accuracy of inflation forecasts made by NAIRU Phillips curves.For a discussion of the use of NAIRU Phillips curves for inflation forecasting in a policymaking institution, see U.S.
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Stock and Watson (1999a) have done a significant academic study of the accuracy of inflation forecasts made by NAIRU Phillips curves.For a discussion of the use of NAIRU Phillips curves for inflation forecasting in a policymaking institution, see U.S.
Key concepts: NAIRU, Phillips curve, Inflation (cosmology), Economics, Econometrics, Inflation rate, Unemployment, Cointegration