Phillips Curve Analysis in D8 Countries

The Phillips Curve

The Phillips curve in Thailand¤

The subject of this paper is the estimation of the Phillips curve in Thailand. The aim of the estimation is to ...t the Phillips curve as part of a small-scale, log-linearised structural model for the country, which is suitable to form the basis for a future simulation exercise to ...nd an optimum monetary policy rule. A linear form of the Phillips curve is estimated using ordinary least square...

The Phillips Curve in Australia

Wells and other conference participants for their comments on the earlier version of this paper. The views expressed in this paper are those of the authors and should not be attributed to the Reserve Bank of Australia.

The Wage Curve and the Phillips Curve

Blanchflower and Oswald (1994) have argued that, in regional data, the level of unemployment is related to the fevel of wages. This result is at variance with an application of the original Phillips curve to regional data, which would predict that the change in wages ought to be related to the unemployment rate. On the other hand, there is considerable empirical support for the expectations-aug...

The Stability of Phillips Curve in Malaysia the Stability of Phillips Curve in Malaysia

We examine the stability of tradeoff Phillips curve in Malaysia for the period of 1971 to 2004. We find that the tradeoff Phillips curve exists in Malaysia for both short run and long run. Furthermore, there is a stable long run tradeoff relationship between the inflation and unemployment rates in Malaysia. We suggest that the Malaysian authorities to liberate policies with a dogmatic philosoph...