Paper 19

NKPC and hybrid NKPC in ASEAN (April 2020)

Source of data:

World Development Bank. (2020). World Development Indicators, http://data.worldbank.org/datacatalog/world-development-indicators [accessed on 16 March, 2020]. 

1. Data set for inflation, unemployment and trade openness (from World Bank)

2. EViews codes for natural rate of unemployment and mean 

3. EViews codes for static NKPC and hybrid NKPC 

(OLS method, 2SLS method, GMM method) 

4. EViews codes for relationship between openness and static NKPC (scatter plot)

5. EViews codes for relationship between openness and static NKPC (scatter plot with country name)

    (This is a static approach to test the openness-Phillips curve hypothesis) 

6. EViews codes for time-varying coefficient of the NKPC (line graph)

    (This is analysis for the flattening of the Phillips curve)

7. EViews codes for time-varying coefficient of the NKPC (scatter plot with country name)

    (This is a dynamic approach to test the openness-Phillips curve hypothesis)

asean.WF1 (Wf1 file for all data)