报告题目：Trend inflation, Indexation, and Inflation Persistence in the New Keynesian Phillips Curve
报告人：史新鹭

评论人：周程

时间：2015年12月2日（周三）下午3:00—5：00
地点：西安交大文管大楼868教室

内容摘要：  Purely forward-looking versions of the New Keynesian Phillips curve (NKPC) generate too little inflation persistence. Some authors add ad hoc backward-looking terms to address this shortcoming. We hypothesize that inflation persistence results mainly from variation in the long-run trend component of inflation, which we attribute to shifts in monetary policy. We derive a version of the NKPC that incorporates a time-varying inflation trend and examine whether it explains the dynamics of inflation. When drift in trend inflation is taken into account, a purely forward-looking version of the model fits the data well, and there is no need for backward-looking components.
报告人简介：史新鹭，西安交通大学金禾中心应用经济学博士生。研究领域为开放宏观经济学。

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