Comment: 'Is the Phillips Curve Alive and Well after All? Inflation Expectations and the Missing Disinflation'

Abstract

This comment provides a correction to the paper "Is the Phillips Curve Alive and Well After All? Inflation Expectations and the Missing Disinflation" by Olivier Coibion and Yuriy Gorodnichenko (2015) in the American Economic Journal: Macroeconomics.