新凯恩斯菲利普斯曲线理论的演变

Evolution of the New Keynesian Phillips Curve

20世纪80年代以来新凯恩斯主义结合在理性预期基础上的微观公司定价机制,对菲利普斯曲线进行了多样化的发展,并对货币政策制定机构的政策提出了可行的建议。最新的理论从相对工资、后顾性行为、不完全要素市场、粘性信息、不完全理性预期以及适应性学习等角度出发,不断充实了价格粘性、通胀惯性的微观基础。

Based on the rational expectation assumption and staggered price setting model, the New Keynesian developed the Phillips Curve with diversification since 1980s, as well as made some feasible monetary policy suggestion. The new development of the NKPC set up micro foundation from the view of real wage, backward - looking behavior, imperfect factor market, sticky information, less - than - rational expectation and adaptive learning. All those have greatly improved the data fit of NKPC.