Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

PL EN


2010 | LXXXI (81) | 209-218

Article title

Nowokeynesowska hybrydowa krzywa Philipsa – szacunki dla Polski . w oparciu o dane miesięczne

Content

Title variants

EN
New Keynesian hybrid Philips curve: estimation for Poland by means of monthly data

Languages of publication

PL

Abstracts

EN
The purpose of the paper is to estimate parameters of the New Keynesian Philips Curve, NKPC, for Poland by means of monthly data. The so called hybrid NKPC that is taken in the investigation extends the NKPC by adaptive expectations, which allows for implementation of the theoretical New Keynesian model to empirical analyses. Starting with theoretical specification, the authors provide the reader with statistical data and the estimation method used in the research, which is followed by presentation of empirical outcomes and conclusions.

Year

Volume

Pages

209-218

Physical description

Dates

published
2010

Contributors

  • Katedra Ekonometrii UŁ, Instytut Ekonomiczny NBP
  • Instytut Ekonomiczny NBP

References

  • Bludnik I. (2010), Nowa synteza neoklasyczna w makroekonomii, „Bank i Kredyt”, 41(2).
  • Calvo G. (1983), Staggered Prices in a Utility-Maximizing Framework, “Journal of Monetary Economics”, vol. 12.
  • Gali J. (2008), Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework, MIT Press.
  • Gali J., Gertler M. (1999), Inflation dynamics: A structural econometric analysis, “Journal of Monetary Economics” , vol. 44.
  • Gali J., Gertler M., Lopez-Salido (2005), Robustness of the estimates of the hybrid New Keynesian Phillips curve, “Journal of Monetary Economics” , vol. 52.
  • Kokoszczyński R. (2004), Współczesna polityka pieniężna w Polsce, PWE, Warszawa.
  • Matyas L. (1999), Generalized Method of Moments, Cambridge University Press, Cambridge, etc.
  • Romer D. (2006), Advanced Macroeconomics, McGraw-Hill Irwin, Boston, etc.
  • Rudd J. i Whelan K. (2006), Can Rational Expectations Sticky-Price Models Explain Inflation Dynamics?, “American Economic Review”, vol. 96.
  • Smets F., Wouters R. (2003), An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area, Journal of the European Economic Association, vol. 1.
  • Taylor J.B. (1980), Aggregate Dynamics and Staggered Contracts, “Journal of Political Economy”, vol. 88, no. 1.
  • Welfe A. (2009), Ekonometria, PWE, Warszawa.
  • Wallush J. (2008), Ewolucja nowokeynowskiej krzywej Phillipsa, “Ekonomista”, nr 5.
  • Wojtyna A. (2000), Ewolucja keynesizmu a główny nurt ekonomii, PWN, Warszawa.
  • Woodford M. (2003), Interest and Prices: Foundations of a Theory of Monetary Policy, Princeton University Press, Princeton, New York.
  • Verbeek M. (2008), A Guide to Modern Econometrics, John Wiley&Sons, The Atrium, etc.

Document Type

Publication order reference

Identifiers

ISSN
0081-6841

YADDA identifier

bwmeta1.element.desklight-e308ed42-e07c-4836-a462-afc6ead725cd
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.