Journal Article

Fixing the New Keynesian Phillips curve


Abstract: This Economic Letter looks at the problems with the NKPC and discusses some alternatives that are increasingly being used to think about inflation and the monetary policy transmission mechanism.

Keywords: Inflation (Finance); Monetary policy; Phillips curve;

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Bibliographic Information

Provider: Federal Reserve Bank of San Francisco

Part of Series: FRBSF Economic Letter

Publication Date: 2007

Order Number: 35