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Which nonlinearity in the Phillips curve? The absence of accelerating deflation in Japan
16 references·3 citing·43 second hop
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References

  • 1973Some International Evidence on Output-Inflation Tradeoffs.2,448 cited
  • 1996The Macroeconomics of Low Inflation1,228 cited
  • 2000State-Space Models with Regime-Switching: Classical and Gibbs Sampling Approaches with Applications1,153 cited
  • 2007Menu Costs and Phillips Curves841 cited
  • 1988The New Keynesian Economics and the Output-Inflation Trade-Off838 cited
  • 1999State-Dependent Pricing and the General Equilibrium Dynamics of Money and Output770 cited
  • 1992Testing for parameter instability in linear models768 cited
  • 2003Are monetary-policy reaction functions asymmetric?: The role of nonlinearity in the Phillips curve294 cited
  • 2006Model uncertainty and policy evaluation: Some theory and empirics171 cited
  • 1996Is the Phillips Curve Really a Curve? Some Evidence for Canada, the United Kingdom, and the United States162 cited
  • 2007A Quantitative Comparison of Sticky‐Price and Sticky‐Information Models of Price Setting144 cited
  • 2006Inflation and output dynamics with state-dependent pricing decisions137 cited
  • 1994Asymmetric Effects of Economic Activity on Inflation: Evidence and Policy Implications127 cited
  • 1996Endogenous Price Stickiness and Business Cycle Persistence92 cited
  • 1984

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Cross-Regime Evidence of Macroeconomic Rationality
84 cited
  • 2004The Nonlinear Phillips Curve and Inflation Forecast Targeting: Symmetric Versus Asymmetric Monetary Policy Rules82 cited
  • Cited by

    • 2010The Realities and Relevance of Japan's Great Recession: Neither Ran Nor Rashomon16 cited
    • 2009Capacity Utilisation, Constraints and Price Adjustments Under the Microscope16 cited
    • 2013Türkiye’de Phillips Eğrisi Üzerine Bir Uygulama14 cited