New keynesian phillips curve (NKPC) in newly industrialized countries (NICS)

The NKPC has become popular as a theory for understanding the inflation dynamics and become a popular adopted research topic in evaluating its empirical performance. Despite wide research of NKPC on developed countries, less study have been done in developing countries, especially on countries that...

Full description

Saved in:
Bibliographic Details
Main Author: Lai, Chin Sian
Format: Thesis
Language:English
Published: 2014
Subjects:
Online Access:http://ir.unimas.my/id/eprint/8312/3/New%20Keynesian%20Phillips%20Curve%20%28NKPC%29%20In%20Newly%20Industrialized%20Countries%20%28NICS%29.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
id my-unimas-ir.8312
record_format uketd_dc
spelling my-unimas-ir.83122023-02-28T09:21:33Z New keynesian phillips curve (NKPC) in newly industrialized countries (NICS) 2014 Lai, Chin Sian HB Economic Theory The NKPC has become popular as a theory for understanding the inflation dynamics and become a popular adopted research topic in evaluating its empirical performance. Despite wide research of NKPC on developed countries, less study have been done in developing countries, especially on countries that are moving forward to industrialized economy. This study is dedicated to the estimation of NKPC in NICs using generalized method of moments (GMM), in which the expected inflation rate is examined by actual value. The main finding in this study is that the NKPC fits NICs data relatively well. The output gap and expected inflation rate do contribute to the inflation dynamics in NKPC model. The results in this study also indicated that the estimated NKPC has been relatively stable over sample period. Universiti Malaysia Sarawak, (UNIMAS) 2014 Thesis http://ir.unimas.my/id/eprint/8312/ http://ir.unimas.my/id/eprint/8312/3/New%20Keynesian%20Phillips%20Curve%20%28NKPC%29%20In%20Newly%20Industrialized%20Countries%20%28NICS%29.pdf text en validuser masters Universiti Malaysia Sarawak, (UNIMAS) Faculty of Economics and Business.
institution Universiti Malaysia Sarawak
collection UNIMAS Institutional Repository
language English
topic HB Economic Theory
spellingShingle HB Economic Theory
Lai, Chin Sian
New keynesian phillips curve (NKPC) in newly industrialized countries (NICS)
description The NKPC has become popular as a theory for understanding the inflation dynamics and become a popular adopted research topic in evaluating its empirical performance. Despite wide research of NKPC on developed countries, less study have been done in developing countries, especially on countries that are moving forward to industrialized economy. This study is dedicated to the estimation of NKPC in NICs using generalized method of moments (GMM), in which the expected inflation rate is examined by actual value. The main finding in this study is that the NKPC fits NICs data relatively well. The output gap and expected inflation rate do contribute to the inflation dynamics in NKPC model. The results in this study also indicated that the estimated NKPC has been relatively stable over sample period.
format Thesis
qualification_level Master's degree
author Lai, Chin Sian
author_facet Lai, Chin Sian
author_sort Lai, Chin Sian
title New keynesian phillips curve (NKPC) in newly industrialized countries (NICS)
title_short New keynesian phillips curve (NKPC) in newly industrialized countries (NICS)
title_full New keynesian phillips curve (NKPC) in newly industrialized countries (NICS)
title_fullStr New keynesian phillips curve (NKPC) in newly industrialized countries (NICS)
title_full_unstemmed New keynesian phillips curve (NKPC) in newly industrialized countries (NICS)
title_sort new keynesian phillips curve (nkpc) in newly industrialized countries (nics)
granting_institution Universiti Malaysia Sarawak, (UNIMAS)
granting_department Faculty of Economics and Business.
publishDate 2014
url http://ir.unimas.my/id/eprint/8312/3/New%20Keynesian%20Phillips%20Curve%20%28NKPC%29%20In%20Newly%20Industrialized%20Countries%20%28NICS%29.pdf
_version_ 1783727982313996288