The New Keynesian Phillips curve and the effects of domestic inflation drivers in the Republic of Serbia
This study investigates the validity of the New Keynesian Phillips curve in the Republic of Serbia. By means of empirical analysis, the impact of domestic inflation drivers, i.e. inflation expectations, real marginal costs and the output gap, is quantified. The results reveal that inflation in Serbi...
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Format: | Article |
Language: | English |
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University of Kragujevac
2020-08-01
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Series: | Economic Horizons |
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Online Access: | https://horizonti.ekfak.kg.ac.rs/sites/default/files/Casopis/2020_2/EH_2020_2_en_2_VM.pdf |