Zitieren

Abreu, D.S., and Lopes, A.S. (2020). How to disappear completely: nonlinearity and endogeneity in the New Keynesian Wage Phillips Curve, Applied Economics Letters, DOI: 10.1080/13504851.2020.1781763 Search in Google Scholar

Albuquerque, P., and U. Baumann. (2017). Will US Inflation Awake from the Dead? The Role of Slack and Non-linearity in the Phillips Curve. Journal of Policy Modelling 39 (2): 247–271. Search in Google Scholar

Arabaci, O., and Eryigit, K.D. (2012). A Threshold Regression Estimation of Philips Curve: Turkey Case. ESKİŞEHİR OSMANGAZİ ÜNİVERSİTESİ İİBF DERGİSİ, EKİM, 7:29-47 Search in Google Scholar

Arize, A.C., Malindretos, J and Igwe, E.U. (2017). Do Exchange Rate Changes Improve the Trade Balance: An Asymmetric Nonlinear Cointegration Approach. International Review of Economics and Finance, http://dx.doi.org/10.1016/j.iref.2017.02.007 Search in Google Scholar

Ball, L., and Mazumder, S. (2011) Inflation dynamics and the great recession. Brookings Papers on Economic Activity 42: 337–405. Search in Google Scholar

Banerjee, A., Dolado, J., and Mestre, R. (1998). Error-correction mechanism tests for cointegration in a single-equation framework. Journal of Time Series Analysis: 19 (3), 267–283. Search in Google Scholar

Barnes M. and Olivei, G. (2003). Inside and outside bounds: Threshold estimates of the Phillips curve. New England Economic Review, June, 3-18. Search in Google Scholar

Barnichon, R. and G. Mesters (2020). The Phillips multiplier. CEPR Discussion Paper Series, No 13480, Centre for Economic Policy Research. Search in Google Scholar

Bildirici, M., & Özaksoy, F. (2015). Non-linear analysis of post Keynesian Phillips Curve in Canada labor market. Procedia Economics and Finance, 38, 368–377. Search in Google Scholar

Bildirici, M.E., and Ozaksoy, F. S. (2018) Backward bending structure of Phillips Curve in Japan, France, Turkey and the U.S.A., Economic Research- Ekonomska Istraživanja, 31:1, 537-549 Search in Google Scholar

Bishop, J., and Greenland, Emma (2021). Is the Phillips Curve Still a Curve? Evidence from the Regions. Reserve Bank of Australia, Research Discussion Paper No 09 Search in Google Scholar

Byrne, D., and Z. Zetaike. (2019). “Missing Wage Growth in the Euro Area: Is the Wage Phillips Curve Non-linear?” Central Bank of Ireland working paper. Search in Google Scholar

Cristini, A., and Ferri, P. (2021). Nonlinear models of the Phillips curve. Journal of Evolutionary Economics, 31:1129–1155 Search in Google Scholar

Correa, A. S., and Minella, A. (2010). Nonlinear mechanisms of the exchange rate pass-through: a Phillips curve model with threshold for Brazil. Revista Brasileira de Economia, 64: 231 – 243 Search in Google Scholar

Chortareas, G., Magonis, G., and Panagiotidis, T. (2011). The asymmetry of the New Keynesian Phillips Curve in the euro-area. Economics Letters, 114: 161-163 Search in Google Scholar

Debelle, G., and Laxton, D. (1997). Is the Philips curve really a curve? Some evidence for Canada. The United Kingdom, and the United States, IMF Sta! Papers 44, International Monetary Fund, Washington. Search in Google Scholar

Doser, A., Ricardo, C.N., Nikhil, R., and Viachesla, S. (2017). Inflation Expectations and Nonlinearities in the Phillips Curve. Federal Reserve Bank of Boston Working Paper No. 17-11. Search in Google Scholar

Detmeister, A.K., and Babb, N.R.(2017), ‘Nonlinearities in the Phillips Curve for the United States: Evidence Using Metropolitan Data’, Board of Governors of the Federal Reserve System Finance and Economics Discussion Series No 2017-070. Search in Google Scholar

Enders, W. and Hurn, S. (2002). Asymmetric price adjustment and the Phillips curve. Journal of Macroeconomics, 24(3): 395-412. Search in Google Scholar

Eliasson A. (2001), “Is the short-run Phillips curve nonlinear? Empirical evidence for Australia, Sweden and the United States”, Sveriges Riksbank Working Paper No. 124. Search in Google Scholar

Filardo, A. (1998), “New evidence on the output cost of fighting inflation”, Federal Reserve Bank of Kansas City Economic Review, 3rd Quarter, 33-61. Search in Google Scholar

Forbes, K. J., Gagnon, J.E., and Collins, C.G. (2021). Low Inflation Bends the Phillips Curve around the World. Working Paper 20-6, Peterson Institute for International Economics. Search in Google Scholar

Folawewo, A.O., and Adeboje, O.M. (2017). Macroeconomic Determinants of Unemployment: Empirical Evidence from Economic Community of West African States. African Development Review, 29:197–210 Search in Google Scholar

Fu, B. (2019). Is the slope of the Phillips curve time-varying? Evidence from unobserved components models. Economic Modelling, 88(C):320–340 Search in Google Scholar

Gatt, W. (2016). Time variation, asymmetry and threshold effect in Malta’s Phillips curve, CBM Working Papers, No. WP/02/2016, Central Bank of Malta, Valletta Search in Google Scholar

Hasanov M., Arac A. and Telatar F. (2010). Nonlinearity and structural stability in the Phillips curve: Evidence from Turkey. Economic Modelling, 27, 1103-1115. Search in Google Scholar

Ho, S.Y., and Iyke, B.N. (2018). Unemployment And Inflation: Evidence Of A Nonlinear Phillips Curve In The Eurozone. The Journal of Developing Areas, Volume 53, Number 4 Search in Google Scholar

Hooper, P., Mishkin, F.S., and Sufi, A. (2019) Prospects for inflation in a high pressure economy: Is the Phillips curve dead or is it just hibernating? NBER Working Papers 25792, National bureau of economic research, Inc Search in Google Scholar

Huh, H., and Jang, I. (2007). Nonlinear Phillips curve, sacrifice ratio, and the natural rate of unemployment. Economic Modelling 24: 797–813 Search in Google Scholar

ILO (2020). ILOSTAT database. Data retrieved on March 1, 2020. Search in Google Scholar

Im, K. S., Pesaran, M. H., & Shin, Y. (2003). Testing for unit roots in heterogeneous panels. Journal of Econometrics, 115(1), 53e74. http://dx.doi.org/10.1016/S0304-4076(03)00092-7. Search in Google Scholar

Kobbi, I., and Gabsi, F. (2017). The Nonlinearity of the New Keynesian Phillips Curve: The Case of Tunisia. Mdpi/journal of economies, 5, 24; doi:10.3390/economies5030024 Search in Google Scholar

Kumar, A., and Orrenius, M.P. (2016) A closer look at the Phillips curve using state-level data. What Monetary Policy Can and Cannot Do. Journal of Macroeconomics, 47:84–102 Search in Google Scholar

Kao, C., & Chiang, M.-H. (1999). On the estimation and Inference of A cointegrated regression in panel data. New York. Search in Google Scholar

Levin, A., Lin, C. F., & Chu, C. S. J. (2002). Unit root tests in panel data: Asymptotic and finite-sample properties. Journal of Econometrics, 108(1), 1e24. http://dx.doi.org/10.1016/S0304-4076(01)00098-7. Search in Google Scholar

Laxton, D., Rose, D., Tambakis, D. (1999). The U.S. Phillips curve: the case for asymmetry. Journal of Economic Dynamics and Control 23, 1459–1485. Search in Google Scholar

Mallick, D. (2019). Policy regimes and the shape of the Phillips curve in Australia. Journal of Policy Modeling 41: 1077–1094 Search in Google Scholar

Mutascu, M. (2019). Phillips curve in US: New insights in time and frequency. Research in Economics, 73: 85–96 Search in Google Scholar

Musso, A., Stracca, L., and Dijik, D.V. (2007). Instability and Non-linearity in Euro Area Phillips Curve. ECB Working Paper Series, No 811 Search in Google Scholar

Murphy, A. (2018). The Death of the Phillips Curve? Federal Reserve Bank of Dallas, Research Department, Working Paper 1801, https://doi.org/10.24149/wp1801 Search in Google Scholar

Nalewaik, J. (2016). Non-Linear Phillips Curves with Inflation Regime-Switching. Finance and Economics Discussion Series 2016-078. Washington: Board of Governors of the Federal Reserve System. Search in Google Scholar

N’Guessan, C.F.J., (2018). Nonlinear equilibrium relationship between inflation and employment: evidence from Côte d’Ivoire. Journal of Business, Economics and Finance (JBEF),7(1):76-82 Search in Google Scholar

Onatunji, O.G. (2019). Do real exchange rate changes have symmetric or asymmetric effects on trade balance in Nigeria? Evidence from Non-linear ARDL Model. The Review of Finance and Banking 11(1): 14-23 Search in Google Scholar

Onatunji, O.G., Adeleke, O.K., & Adejumo, A.V. (2023). Non-linearity in the Phillips curve: evidence from Nigeria. Non-linearity in the Phillips curve: evidence from Nigeria”, African Journal of Economic and Management Studies, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/AJEMS-10-2022-0418 Search in Google Scholar

Onder, A. O, (2009), The Stability of the Turkish Phillips Curve and Alternative Regime Shifting Models. Applied Economics, 41: 2597–2604. Search in Google Scholar

Ormerod, P., Rosewell, B., and Phelps, P. (2009). Inflation/Unemployment Regimes and the Instability of the Phillips Curve. Discussion Paper, No 2009-4 http://www.economics-ejournal.org/economics/discussionpapers/2009-43 Search in Google Scholar

Peach, R., Rich, R.W., and Cororaton, A. (2011) How does slack influence inflation? Current Issues in Economics Finance volume 17 Search in Google Scholar

Perron, P. (1989), “The great crash, the oil price shock, and the unit root hypothesis”, Econometrica, 57, pp.1361-1401. Search in Google Scholar

Pesaran, M.H., Shin, Y. and Smith, R.J. (2001), Bounds Testing Approaches to the Analysis of Level Relationships. Journal of Applied Econometrics, 16: 289-326. Search in Google Scholar

Phillips, A. W. (1958). “The Relation between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861-1957.” Economica 25 (100): 283–299. Search in Google Scholar

Shin, Y., Yu, B., and Greenwood-Nimmo, M. (2014). Modelling asymmetric cointegration and dynamic multipliers in a nonlinear ARDL framework. In Festschrift in honor of peter schmidt (pp. 281–314). Springer. Search in Google Scholar

Stiglitz, J. (1997). Reflections on the natural rate hypothesis. Journal of Economic Perspectives 11, 3-10. Search in Google Scholar

Xu, Q., Niu, X., Jiang, C., and Huang, X. (2015). The Phillips curve in the US: A nonlinear quantile regression approach. Economic Modelling, 49: 186–197 Search in Google Scholar

World Bank (2018), World Development Indicator (WDI). Search in Google Scholar

Zivot, E., and D.W.K. Andrews (1992). Further evidence on the great crash, the oil-price shock, and the unit-root hypothesis. Journal of Business and Economic Statistics 10:251-270. doi: http://dx.doi.org/10.2307/1391541. Search in Google Scholar