Forecasting Inflation with the Hybrid New Keynesian Phillips Curve: A Compact-Scale Global VAR ApproachFootnote^*

* This article is a revised version of my MSc in Economics and Econometrics dissertation at the University of Nottingham, UK, and the Working Paper 785 of the Central Bank of Chile. The views and ideas expressed in this paper do not necessarily represent those of the Central Bank of Chile or its authorities. Any errors or omissions are the author’s sole responsibility.

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