新葡京官方

会议时间：2025年6月12日 10:00-11:30（周四）

会议地点：明德主楼734

主讲人：顾潮 密苏里大学经济学系教授

主持人：朱萸副教授

主题：Credit Conditions, Inflation and Unemployment

讲座简介：

We construct a new monetarist model with labor market search and identify two channels that affect the relationship between inflation and unemployment. First, inflation lowers wages through bargaining because unemployed workers rely more heavily on cash transactions and suffer more from inflation than employed workers; this wage-bargaining channel generates a downward Phillips curve without assuming nominal rigidity. Second, inflation increases the firm's financing costs, which discourages job creation and increases unemployment; this cash-financing channel leads to an upward-sloping Phillips curve. We calibrate our model to the U.S. economy. The improvement in firm financing conditions can explain the observation that the slope of the long-run Phillips curve has switched from positive to negative since 2000.

个人简介：

顾潮是密苏里大学经济学系正教授，她研究领域是宏观和货币经济学、银行以及经济学理论。她的多篇论文发表在Econometrica、Journal of Political Economy、Review of Economic Studies、Journal of Monetary Economics、Journal of Economic Theory等国际顶尖期刊上。目前她担任国际一流经济学期刊European Economic Review和Journal of Money, Credit and Banking的副主编。