"A New line on the Phillips Curve": A Comment

Comments on the paper by Malinov and Sommers (78 (3) Sept 1997, 740-6). Discusses 3 criticisms of their paper in order to illustrate that one may draw different conclusions from their data by taking these concerns into account. Focuses on the United States over the period that they examined, but use...

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Veröffentlicht in:	Social science quarterly 1999-03, Vol.80 (1), p.193-196
Hauptverfasser:	Ewing, Bradley T., Seyfried, William L.
Format:	Artikel
Sprache:	eng
Schlagworte:	1973-1992 Analysis Bank accounts Econometrics Economic analysis Economic Theory (Phillips curve) Forum Industrial nations Industrial productivity Inflation Inflation (Finance) Mathematical Models Methodological Problems Methodology (Data Analysis) Null hypothesis OECD Organization for Economic Cooperation and Development Phillips curve Relationship Sample size Unemployment United States United States of America
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Zusammenfassung:	Comments on the paper by Malinov and Sommers (78 (3) Sept 1997, 740-6). Discusses 3 criticisms of their paper in order to illustrate that one may draw different conclusions from their data by taking these concerns into account. Focuses on the United States over the period that they examined, but uses monthly data to overcome the small-sample-size problem for a total of 240 observations (as opposed to 20). Malinov and Sommers reply. (Quotes from original text)
ISSN:	0038-4941 1540-6237