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http://bura.brunel.ac.uk/handle/2438/6128Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Caporale, GM | - |
| dc.contributor.author | Skare, M | - |
| dc.date.accessioned | 2012-01-06T10:40:45Z | - |
| dc.date.available | 2012-01-06T10:40:45Z | - |
| dc.date.issued | 2011 | - |
| dc.identifier.citation | Economics and Finance Working Paper, 11-09, Jun 2011 | en_US |
| dc.identifier.uri | http://bura.brunel.ac.uk/handle/2438/6128 | - |
| dc.description | Copyright @ 2011 Brunel University | en_US |
| dc.description.abstract | In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in Phillips’ tradition. For this purpose we apply FMOLS, DOLS, PMGE, MGE, DFE, and VECM methods to a nonstationary heterogeneous dynamic panel including annual data for 119 countries over the period 1970-2010, and also carry out multivariate Granger causality tests. The empirical results strongly support the existence of a single cointegrating relationship between employment growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output growth, giving support to Phillips’ Golden Triangle theory. | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | Brunel University | en_US |
| dc.subject | Employment growth | en_US |
| dc.subject | Inflation | en_US |
| dc.subject | Output growth | en_US |
| dc.subject | Golden triangle theory | en_US |
| dc.title | Employment growth, inflation and output growth: Was phillips right? Evidence from a dynamic panel | en_US |
| dc.type | Article | en_US |
| pubs.organisational-data | /Brunel | - |
| pubs.organisational-data | /Brunel/Brunel Active Staff | - |
| pubs.organisational-data | /Brunel/Brunel Active Staff/School of Social Sciences | - |
| pubs.organisational-data | /Brunel/Brunel Active Staff/School of Social Sciences/Economics and Finance | - |
| pubs.organisational-data | /Brunel/University Research Centres and Groups | - |
| pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Social Sciences - URCs and Groups | - |
| pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Social Sciences - URCs and Groups/Centre for Empirical Finance | - |
| Appears in Collections: | Economics and Finance Publications Dept of Economics and Finance Research Papers | |
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