Estimated Open Economy New Keynesian Phillips Curves for the G7



References

[1] Balakrishnan, R. and J. D. Lopez-Salido (2001), ‘Understanding UK Infla-
tion: The Role of Openness’, mimeograph, Banco de Espana.

[2] Calvo, G. (1983), ‘Staggered Prices in a Utility Maximising Framework’,
Journal of Monetary Economics, 12(3), pp 383-398.

[3] Gali, J. and M. Gertler (1999), ‘Inflation Dynamics: A Structural Econo-
metric Analysis’, Journal of Monetary Economics, 44, pp195-222.

[4] Gali, J., M. Gertler and J. D. Lopez-Salido (2001), ‘European Inflation
Dynamics’, European Economic Review 45, pp 1237-1270.

[5] Gali, J. and J. D. Lopez-Salido (2001), ‘A New Phillips Curve for Spain’,
mimeograph, Banco de Espana.

[6] Gagnon, E. and H. Kahn (2001), ‘New Phillips Curves with Alternative
Marginal Cost Measures for Canada, the United States and the Euro Area’,
mimeo, Bank of Canada.

[7] Goodfriend, M. and R. King (1997), ‘The New Neoclassical Synthesis and
the Role of Monetary Policy’, NBER Macroeconomics Annual 1997, pp231-
282.

[8] Hall, B. and Cummins, C. (1999) TSP Version 4.5, TSP International.

[9] Hansen, L.P. (1992), ‘Large Sample Properties of Generalized Method of
Moments Estimators’, Econometrica, 50, pp 1029-54.

[10] Mankiw, N. G. (2000), ‘The Inexorable and Mysterious Trade-off Between
Inflation and Unemployment’, NBER working Paper No. 7884

[11] Mankiw, N. G. and R. Reis (2001), ‘Sticky Information versus Sticky Prices:
A Proposal to Replace the New Keynesian Phillips Curve’, NBER Working
Paper No. 8290.

[12] McCallum, B. T. (2001), ‘Inflation Targeting and the Liquidity Trap’,
NBER Working Paper No. 8225.

[13] Sbordone, A. M. (2002), ‘Prices and Unit Labour Costs: A New Test of
Price Stickiness’, Journal of Monetary Economics, No. 49, pp 265-292.

[14] Sims, C. A. (1998), ‘Stickiness’, Carnegie-Rochester Conference Series on
Public Policy 49, pp317-356.

19



More intriguing information

1. The name is absent
2. Integration, Regional Specialization and Growth Differentials in EU Acceding Countries: Evidence from Hungary
3. ISSUES IN NONMARKET VALUATION AND POLICY APPLICATION: A RETROSPECTIVE GLANCE
4. Regional Intergration and Migration: An Economic Geography Model with Hetergenous Labour Force
5. Washington Irving and the Knickerbocker Group
6. The name is absent
7. Educational Inequalities Among School Leavers in Ireland 1979-1994
8. The name is absent
9. The name is absent
10. Three Policies to Improve Productivity Growth in Canada