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Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/16433
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dc.contributor.authorByrne, Josephen_UK
dc.contributor.authorKontonikas, Alexandrosen_UK
dc.contributor.authorMontagnoli, Albertoen_UK
dc.date.accessioned2013-08-09T23:39:35Z-
dc.date.available2013-08-09T23:39:35Zen_UK
dc.date.issued2013-08en_UK
dc.identifier.urihttp://hdl.handle.net/1893/16433-
dc.description.abstractWe present a unique empirical analysis of the properties of the New Keynesian Phillips Curve (NKPC) using an international data set of aggregate and disaggregate sectoral inflation. Our results from panel time-series estimation clearly indicate that sectoral heterogeneity has important consequences for aggregate inflation behavior. Heterogeneity helps to explain the overestimation of inflation persistence and underestimation of the role of marginal costs in empirical investigations of the NKPC that use aggregate data. We find that combining disaggregate information with heterogeneous-consistent estimation techniques helps to reconcile, to a large extent, the NKPC with the data.en_UK
dc.language.isoenen_UK
dc.publisherWiley-Blackwellen_UK
dc.relationByrne J, Kontonikas A & Montagnoli A (2013) International Evidence on the New Keynesian Phillips Curve Using Aggregate and Disaggregate Data. Journal of Money, Credit and Banking, 45 (5), pp. 913-932. https://doi.org/10.1111/jmcb.12030en_UK
dc.rightsThe publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.en_UK
dc.rights.urihttp://www.rioxx.net/licenses/under-embargo-all-rights-reserveden_UK
dc.titleInternational Evidence on the New Keynesian Phillips Curve Using Aggregate and Disaggregate Dataen_UK
dc.typeJournal Articleen_UK
dc.rights.embargodate3000-01-01en_UK
dc.rights.embargoreason[International Evidence on the New Keynesian Phillips Curve.pdf] The publisher does not allow this work to be made publicly available in this Repository therefore there is an embargo on the full text of the work.en_UK
dc.identifier.doi10.1111/jmcb.12030en_UK
dc.citation.jtitleJournal of Money, Credit and Bankingen_UK
dc.citation.issn1538-4616en_UK
dc.citation.issn0022-2879en_UK
dc.citation.volume45en_UK
dc.citation.issue5en_UK
dc.citation.spage913en_UK
dc.citation.epage932en_UK
dc.citation.publicationstatusPublisheden_UK
dc.citation.peerreviewedRefereeden_UK
dc.type.statusVoR - Version of Recorden_UK
dc.author.emailalberto.montagnoli@stir.ac.uken_UK
dc.contributor.affiliationUniversity of Glasgowen_UK
dc.contributor.affiliationUniversity of Glasgowen_UK
dc.contributor.affiliationEconomicsen_UK
dc.identifier.isiWOS:000321628000007en_UK
dc.identifier.scopusid2-s2.0-84880385250en_UK
dc.identifier.wtid759617en_UK
dcterms.dateAccepted2013-08-31en_UK
dc.date.filedepositdate2013-08-09en_UK
rioxxterms.typeJournal Article/Reviewen_UK
rioxxterms.versionVoRen_UK
local.rioxx.authorByrne, Joseph|en_UK
local.rioxx.authorKontonikas, Alexandros|en_UK
local.rioxx.authorMontagnoli, Alberto|en_UK
local.rioxx.projectInternal Project|University of Stirling|https://isni.org/isni/0000000122484331en_UK
local.rioxx.freetoreaddate3000-01-01en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/under-embargo-all-rights-reserved||en_UK
local.rioxx.filenameInternational Evidence on the New Keynesian Phillips Curve.pdfen_UK
local.rioxx.filecount1en_UK
local.rioxx.source0022-2879en_UK
Appears in Collections:Economics Journal Articles

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