An estimation of the nonlinear Phillips Curve in Colombia

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Borradores de Economía; No. 160

Date published

2000-10-18

Date

2000-10-18

Authors

Gómez-Pineda, Javier G.
Julio-Román, Juan Manuel

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ISBN

Document language

spa
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

As originally drawn and estimated by professor Phillips, the Phillips, curve is a curve indeed, not a straight line as often thought. Following Laxton, et. al. (1999) we estimate a convex Phillips curve and model de NAURI as a variable that is unobserv

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JEL Codes

E31 - Price Level; Inflation; Deflation

Temática

Keywords

Keywords

Phillips curve , Colombia

Citation

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https://repositorio.banrep.gov.co/handle/20.500.12134/5178
 https://hdl.handle.net/20.500.12134/5178
 https://ideas.repec.org/p/bdr/borrec/160.html
 https://doi.org/10.32468/be.160

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