RBA paper finds only weak support for sticky information Phillips curve


A research discussion paper published yesterday by the Reserve Bank of Australia (RBA) presents first estimates of a sticky information Phillips curve (SIPC) for Australia, but finds its performance in estimating inflation is mixed at best.

The SIPC is designed as an improvement on the New Keynesian Phillips curve that is included in most dynamic stochastic general equilibrium models, author Christian Gillitzer explains in The sticky information Phillips curve: evidence for Australia. Firms

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: