An application of New Keynesian models to inflation in Croatia
Background: The inflation dynamics of Croatia is studied in the paper, with the review of applicable marginal cost proxies for the hybrid New Keynesian Phillips Curve (NKPC), and estimation of three specifications of the hybrid NKPC for Croatia. Objectives: The goal of this research is to examine th...
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| Format: | Article |
| Language: | English |
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Sciendo
2012-01-01
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| Series: | Business Systems Research |
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| Online Access: | http://www.degruyter.com/view/j/bsrj.2012.3.issue-2/v10305-012-0008-y/v10305-012-0008-y.xml?format=INT |