NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Return of the Wage Phillips Curve

Jordi Galí

NBER Working Paper No. 15758
Issued in February 2010

---- Acknowledgements -----

I have benefited from comments during presentations at the CREI Macro Lunch, the Reserve Bank of Australia, Reserve Bank of New Zealand, U. Rovira i Virgili, NBER Summer Institute, Kiel EES Workshop, New York Fed, Columbia, NYU and Oxford University. Tomaz Cajner and Lien Laureys provided excellent research assistance. I am grateful to the European Research Council, the Ministerio de Ciencia e Innovación, the Barcelona GSE Research Network and the Government of Catalonia for financial support. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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