Testing Output-inflation Trade-off: A Note

• 主要な著者: Venus, Khim-Sen Liew, Lim, Kian-Ping, Puah, Chin Hong
• フォーマット: E-Article
• 言語: English
• 出版事項: Researchgate 2006
• 主題: H Social Sciences (General)
• オンライン･アクセス: http://ir.unimas.my/id/eprint/17986/7/Testing%20Output-inflation%20Trade-off%20%28abstract%29.pdf; http://ir.unimas.my/id/eprint/17986/; https://www.researchgate.net/publication/5105040_NEW_EVIDENCE_ON_THE_OUTPUT-INFLATION_TRADE-OFF_FROM_ASEAN-5_ECONOMIES

This study estimates the Asai (1999) proposed simplified BMR model (Ball et al., 1988) and ARY model (Akerlof et al., 1988) using quarterly data from Malaysia, Thailand, Japan and US. Unlike other earlier authors, we ensure that our models’ residuals are free from serial correlation and ARCH effect...