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

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...

DETAILS

Author

Agenor, Pierre-Richard;

Bayraktar, Nihal;
Document Date
2003/09/30
Document Type
Policy Research Working Paper
Report Number
WPS3139
Volume No
1
Total Volume(s)
1
Country
Philippines, Turkiye, Chile, Korea, Republic of,
Region
Europe and Central Asia, East Asia and Pacific, Latin America and Caribbean,
Disclosure Date
2010/07/01
Doc Name
Contracting models of the Phillips curve - empirical estimates for Middle-income countries
Keywords
inflation

DOWNLOADS

COMPLETE REPORT

Official version of document (may contain signatures, etc)

Official PDF
TXT*
Total Downloads** : 1596
Download Stats
*The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.

Citation

Agenor, Pierre-Richard; Bayraktar, Nihal.

Contracting models of the Phillips curve - empirical estimates for Middle-income countries (English). Policy, Research working paper ; no. WPS 3139 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/811341468776375748

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

DETAILS

DOWNLOADS

COMPLETE REPORT

Citation

SUBSCRIBE TO EMAIL ALERTS