Skip to content
Reserve Bank of Australia - logo Reserve Bank of Australia
  • Media
  • Research
  • Education
  • Careers
  • Q&A
  • Glossary
  • Contacts
  • Media Releases
  • Speeches
  • Publications
  • Archives
  • Statistics
  • Chart Pack
  • About Us
  • Monetary Policy
  • Market Operations
  • Financial Stability
  • Payments & Infrastructure
  • Financial Services
  • Banknotes

In RDP

  • About RDPs
  • Advanced Search for RDPs
  • 2021–2022
  • 2011–2020
  • 2001–2010
  • 1991–2000
  • 1981–1990
  • 1971–1980
  • 1969–1970

Tags

banks, business cycles, consumption income wealth, covid-19, debt, exchange rate, financial crises, financial markets, financial stability, fiscal policy, forecasting, historical, households, housing, inflation, interest rates and money, investment, labour market, machine learning, measurement, mining, modelling, monetary policy, natural language processing, open economy, payment systems, productivity potential output, regional and industry analysis, risk and uncertainty, terms of trade

In 2008

  • RDP 2008-10: Solving Linear Rational Expectations Models with Predictable Structural Changes
  • RDP 2008-09: A Term Structure Decomposition of the Australian Yield Curve
  • RDP 2008-08: The Role of International Shocks in Australia's Business Cycle
  • RDP 2008-07: A Medium-scale Open Economy Model of Australia
  • RDP 2008-06: Promoting Liquidity: Why and How?
  • RDP 2008-05: Understanding the Flattening Phillips Curve
  • RDP 2008-04: A Small BVAR-DSGE Model for Forecasting the Australian Economy
  • RDP 2008-03: Monetary Transmission and the Yield Curve in a Small Open Economy
  • RDP 2008-02: Combining Multivariate Density Forecasts Using Predictive Criteria
  • RDP 2008-01: A Sectoral Model of the Australian Economy

Research Discussion Paper – RDP 2008-05 Understanding the Flattening Phillips Curve

Ken Kuttner and Tim Robinson

October 2008

  • Abstract
  • Download the Paper 318KB

Contents

  • Introduction
  • Reduced-form Flattening
  • A Structural Perspective on the Flattening Issue
  • Has the New-Keynesian Phillips Curve become Flatter?
  • Explaining the Flattening Phenomenon
  • Conclusions
  • References

Related Information

  • RDP Enquiries
  • Subscribe to RDP updates
↑ Back to top
  • Judicial Notice
  • Privacy
  • Accessibility
  • Procurement
  • Scams
  • PID
  • Access to Information

Social media:

  • LinkedIn
  • Twitter
  • Facebook
  • Instagram
  • YouTube
  • Flickr

Subscribe:

  • RSS
  • E-mail service

Related sites:

  • Banknotes
  • Unreserved
  • Museum
  • CFR
  • AFXC
  • Foundation for Children
The materials on this webpage are subject to copyright and their use is subject to the terms and conditions set out in the Copyright and Disclaimer Notice.
© Reserve Bank of Australia, 2001–2022. All rights reserved.
The Reserve Bank of Australia acknowledges the Aboriginal and Torres Strait Islander Peoples of Australia as the Traditional Custodians of this land, and recognises their continuing connection to Country. We pay our respects to their Elders, past, present and emerging.