Economics, Econometrics and Finance
8 years ago

Aussie Inflation Tamed: New Economic Model Unlocks Stability

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Inflation dynamics and New Keynesian Phillips Curve in Australia
Syed Kanwar Abbas

Paper Summary

The study shows that the New Keynesian Phillips Curve model can help understand how inflation works in Australia. It found that factors like changes in exchange rates and terms of trade are important in how prices change over time.

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