Appended Note 1-5 Estimation of Phillips Curve
- Japanese version
- English version
1. Consumer Prices
The impact on consumer prices by the unemployment rate and expected inflation rate was estimated as follows.
2. Nominal Wage
The impact on the wage by cyclical unemployment rate and expected inflation rate was estimated as follows.
3. GDP deflator
The impact on the GDP deflator by GDP gap and the expected inflation rate was estimated as follows.