Contracting models of the Phillips curve - empirical estimates for Middle-income countries (anglais)

This paper provides empirical estimates of contracting models of the Phillips curve for four middle-income developing economies-Chile, the Republic of Korea, the Philippines, and Turkey. Following an analytical review, models with both one lead and one lag, and two lags and three leads, are then estimated using Generalized Method of Moments (GMM) techniques. The results indicate that for both Chile and Turkey past and future inflation are of about...

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INFORMATION

Auteur

Agenor, Pierre-Richard;

Bayraktar, Nihal;
Date du document
2003/09/30
Type de document
Document de travail de recherche sur les politiques
Numéro du rapport
WPS3139
Volume
1
Total Volume(s)
1
Pays
Philippines, Turkiye, Chili, Corée, République de,
Région
Europe et Asie centrale, Asie de l’Est et Pacifique, Amérique latine et Caraïbes,
Date de publication
2010/07/01
Titre du rapport
Contracting models of the Phillips curve - empirical estimates for Middle-income countries
Mots clé
inflation

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Contracting models of the Phillips curve - empirical estimates for Middle-income countries (anglais)

INFORMATION

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