Estimating Sectoral Phillips Curves, a positive inflation response to firms' costs challenges the widely debated Phillips Curve disconnect. This effect is amplified with sectoral linkages via input-output tables.
Link to JMP: github.com/cgriffa/JMP/...
Estimating Sectoral Phillips Curves, a positive inflation response to firms' costs challenges the widely debated Phillips Curve disconnect. This effect is amplified with sectoral linkages via input-output tables.
Link to JMP: github.com/cgriffa/JMP/...