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Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Caporale, Guglielmo Maria | en |
dc.contributor.author | Škare, Marinko | en |
dc.date.accessioned | 2011-07-13 | - |
dc.date.accessioned | 2011-09-14T13:12:47Z | - |
dc.date.available | 2011-09-14T13:12:47Z | - |
dc.date.issued | 2011 | - |
dc.identifier.uri | http://hdl.handle.net/10419/49489 | - |
dc.description.abstract | In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in Phillips' tradition. For this purpose we apply FMOLS, DOLS, PMGE, MGE, DFE, and VECM methods to a nonstationary heterogeneous dynamic panel including annual data for 119 countries over the period 1970-2010, and also carry out multivariate Granger causality tests. The empirical results strongly support the existence of a single cointegrating relationship between employment growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output growth, giving support to Phillips' Golden Triangle theory. | en |
dc.language.iso | eng | en |
dc.publisher | |aCenter for Economic Studies and ifo Institute (CESifo) |cMunich | en |
dc.relation.ispartofseries | |aCESifo Working Paper |x3502 | en |
dc.subject.jel | C23 | en |
dc.subject.jel | E24 | en |
dc.subject.jel | E31 | en |
dc.subject.jel | E60 | en |
dc.subject.ddc | 330 | en |
dc.subject.stw | Phillips-Kurve | en |
dc.subject.stw | Beschäftigung | en |
dc.subject.stw | Inflation | en |
dc.subject.stw | Wirtschaftswachstum | en |
dc.subject.stw | Panel | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | Welt | en |
dc.title | Employment growth, inflation and output growth: Was Phillips right? Evidence from a dynamic panel | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 664095992 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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