Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/70084
Authors: 
Maußner, Alfred
Year of Publication: 
2010
Series/Report no.: 
Volkswirtschaftliche Diskussionsreihe, Institut für Volkswirtschaftslehre der Universität Augsburg 313
Abstract: 
This paper introduces the reader into the apparatus behind the popular New Keynesian Phillips (NKPC) curve. It derives several log-linear versions of this curve and recursive formulations of the Calvo-Yun price staggeringmodel that is behind this curve. These formulations can be used for higher-order approximations of the NKPC or for implementations that use other non-linear solution techniques, as, e.g., projection methods.
JEL: 
E31
E37
E43
E47
Document Type: 
Working Paper

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