The Icelandic Phillips Curve: Stability 1991–2018

In this paper I estimate the slope of the Icelandic Phillips curve and examine its stability for the period 1991–2018. Important factors impacting inflation dynamics have changed during the period. Notably, in 2001, the Central Bank of Iceland gained independence from political interventions and an...

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Bibliographic Details
Main Author: Þorleifsson, Óskar Helgi
Format: Article in Journal/Newspaper
Language:Icelandic
Published: Research in applied business and economics 2021
Subjects:
Inflation
unemployment
Phillips curve
E24
E31
Verðbólga
atvinnuleysi
Phillipskúrfa
Halda
Iceland
Online Access:https://ojs.hi.is/index.php/efnahagsmal/article/view/a.2021.18.1.6

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