| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 965868 | Journal of Macroeconomics | 2010 | 14 Pages |
Abstract
The empirical results reveal a significant effect of global output on aggregate demand in most countries. Through this channel, global economic conditions can indirectly affect inflation. The results, instead, do not seem to provide evidence in favor of altering domestic Phillips curves to include global slack as an additional driving variable for inflation.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Fabio Milani,