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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/3818| Title: | Increasing returns to scale and the long-run Phillips curve |
| Keywords: | E3 E20 E40 E50 ddc:330 Phillips curve Inflation Increasing returns Nominal inertia Monetary policy Phillips-Kurve Skalenertrag Ungleichgewichtstheorie Theorie |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Kiel Institute for the World Economy (IfW) Kiel |
| Description: | A growing body of empirical evidence shows that there exists a long-run positive tradeoff between inflation and real macroeconomic activity. Within a New Keynesian framewok, we examine how increasing returns generate a positive long-run relation between inflation and output. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/3818 |
| Other Identifiers: | http://hdl.handle.net/10419/3818 ppn:512059861 |
| Appears in Collections: | EconStor |
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