Phase diagrams from the paper "Resolving New Keynesian Anomalies with Wealth in the Utility Function"
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Updated
Apr 12, 2024
Phase diagrams from the paper "Resolving New Keynesian Anomalies with Wealth in the Utility Function"
Replication code for "A Model of the Fed's View on Inflation".
Data source: https://fred.stlouisfed.org/
We examine unemployment rate from an aggregate perspective in Australia for the last three years. We want to present a framework that analyses the unemployment rate by gender, the effects of the COVID-19 crisis and examining if the original Phillips curve is applicable in this scenario.
Flattening of the Phillips curve with state dependent prices and wages (EJ, 2021)
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