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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4281 |
DP4281 Endogenous Minimum Participation in International Environmental Treaties | |
Carlo Carraro; Carmen Marchiori; Sonia Oreffice | |
发表日期 | 2004-03-23 |
出版年 | 2004 |
语种 | 英语 |
摘要 | The New-Keynesian aggregate supply derives from micro-foundations an inflation-dynamics model very much like the tradition in the monetary literature. Inflation is primarily affected by: (i) economic slack; (ii) expectations; (iii) supply shocks; and (iv) inflation persistence. This Paper extends the New Keynesian aggregate supply relationship to include also fluctuations in potential output, as an additional determinant of the relationship. Implications for monetary rules and to the estimation of the Phillips curve are pointed out. |
主题 | International Macroeconomics |
关键词 | New-keynesian phillips curve Potential output Taylor rules |
URL | https://cepr.org/publications/dp4281 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533244 |
推荐引用方式 GB/T 7714 | Carlo Carraro,Carmen Marchiori,Sonia Oreffice. DP4281 Endogenous Minimum Participation in International Environmental Treaties. 2004. |
条目包含的文件 | 条目无相关文件。 |
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