Federal Reserve Bank of San Francisco: Phillips Meets Beveridge
September 10, 2024
September 10, 2024
SAN FRANCISCO, California, Sept. 10 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2024-22) on July 22, 2024, entitled "Phillips Meets Beveridge". The white paper was written by Regis Barnichon and Adam Hale Shapiro.
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Abstract
The Phillips curve plays a central role in the macroeconomics literature. However, there is little consensus on the forcing variable that drives inflation in the model, i.e., . . .
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Abstract
The Phillips curve plays a central role in the macroeconomics literature. However, there is little consensus on the forcing variable that drives inflation in the model, i.e., . . .