Phillips curve shifts will also reflect the cross ... In emerging-market and developing countries (EMDEs), although exchange-rate depreciation has not been as intense as in non-U.S. advanced ...

particularly when viewed through the lens of the Phillips curve. Low inflation has persisted despite very low unemployment in developed countries. Yet something similar has taken place in some ...

unemployment. Globalization and the export of manufacturing and even services to other countries is not factored in. Immigration is another phenomenon missing in the Phillips curve based analysis ...

The Phillips curve, which is relevant to much of today ... And a pattern of economic relationships that seemed to be true in one country over a century may not be either. Of course, Phillips ...

He turned to Spain which appears to show a strong Phillips curve relationship. This choice of country, however, is not a clean one since its monetary policy is set externally by the ECB.

This paper analyzes whether structural changes in the aftermath of the pandemic have steepened the Phillips curves in advanced economies, reversing the flattening observed in recent decades and ...

Last week, Goldman Sachs made an experimental exercise where GS exploited the cross section of countries in the Euro zone to examine whether the Phillips curve – the link between inflation and slack – ...

The claim of Diallo et al (2022) that in “fragile” economies, the inflation-unemployment trade-off is a trade-in, is apprised. The EPW produces independent and public-spirited scholarship and analyses ...