Lansing, Kevin J. - Federal Reserve Bank of San Francisco - 2006
Curve
Kevin J. Lansing
Federal Reserve Bank of San Francisco
August 2008
Working Paper 2006-15
http://www.frbsf.org/publications/economics ….j.lansing@sf.frb.org, homepage:
www.frbsf.org/economics/economists/klansing.html
1 Introduction
1.1 Overview
The New Keynesian Phillips Curve (NKPC … basis
of detrended in�ation behavior� analogous to the methodology employed in the real business
cycle literature. The main …