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dc.contributor.authorVázquez Pérez, Jesús ORCID
dc.date.accessioned2012-02-08T20:08:34Z
dc.date.available2012-02-08T20:08:34Z
dc.date.issued2002-08
dc.identifier.issn1988-088X
dc.identifier.urihttp://hdl.handle.net/10810/6808
dc.description.abstractThis paper studies the comovement between output and inflation in the EU15 countries. Following den Haan (2000), I use the correlations of VAR forecast errors at different horizons in order to analyze the output-inflation relationship. The empirical results show that eight countries display a significant positive comovement between output and inflation. Moreover, the empirical evidence suggests that a Phillips curve phenomenom is more likely to be detected in countries where inflation is more stable.es
dc.description.sponsorshipFinancial support from Ministerio de Ciencia y Tecnología, Gobierno Vasco and Universidad del País Vasco (Spain) through projects BEC2000-1393, PI-1999-131 and 9/UPV00035.321-13511/2001, respectively, is gratefully acknowledged.es
dc.language.isoenges
dc.publisherUniversity of the Basque Country, Department of Foundations of Economic Analysis IIes
dc.relationinfo:eu-repo/grantAgreement/MCYT/BEC2000-1393
dc.relationinfo:eu-repo/grantAgreement/MCYT/PI-1999-131
dc.relation.ispartofseriesDFAEII 2002.32
dc.rightsinfo:eu-repo/semantics/openAccesses
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/*
dc.subjectcomovement of output and inflationes
dc.subjectVAR forecast errorses
dc.titleIs there a Phillips Curve in the US and the EU15 Countries? An empirical investigationes
dc.typeinfo:eu-repo/semantics/workingPaperes
dc.rights.holderAttribution-NonCommercial-ShareAlike 3.0 Unported*
dc.subject.jelE31
dc.subject.jelE47
dc.identifier.repecRePEc:ehu:dfaeii:200232es
dc.departamentoesFundamentos del análisis económico IIes_ES
dc.departamentoeuEkonomia analisiaren oinarriak IIes_ES
dc.subject.categoriaECONOMICS, ECONOMETRICS AND FINANCE
dc.subject.categoriaMACROECONOMICS AND MONETARY ECONOMICS


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Attribution-NonCommercial-ShareAlike 3.0 Unported
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-ShareAlike 3.0 Unported