Add to ORKGThe results in this paper, based on estimating and testing price equations for 30 countries, do not support the standard view of the long-run relationship between unemployment and inflation. They overwhelmingly reject the dynamics implied by the standard view. Wage equations are also estimated and tested. The paper also attempts to estimate the functional form of the relationship between measures of demand pressure and price and wage levels, but no strong conclusions emerge
Empirical evidence on inflation and unemployment suggests that they can be either positively or nega...
The Phillips curve shows the trade-off relationship between the inflation and unemployment rates. A ...
Abstract: Recent studies have indicated that the terms “NAIRU ” (non-accelerating inflation rate of...
The results in this paper, based on estimating and testing price equations for 30 countries, do not ...
How inflation and unemployment are related in both the short run and long run is perhaps the key que...
OctoberThe Phillips curve depicted a trade-off between unemployment and inflation. As the economy gr...
The relationship between the rate of inflation and the rate of unemployment is one of the most discu...
According to Phillips’ study, there is an inverse link between inflation and unemployment. The major...
The inflation equation, more commonly known as the Phillips curve, lies at the heart of modern macro...
This paper uses a multicountry econometric model to estimate what the inflation costs would have bee...
In this paper a brief history of the Phillips curve is sketched. Empirical evidence from France, Ger...
Modern theories of inflation incorporate a vertical long-run Phillips curve and are usually estimate...
The inflation equation, more commonly known as the Phillips curve, lies at the heart of modern macro...
We examine the relationship between inflation and unemployment in the long run, using quarterly US d...
This paper explains inflation and unemployment starting from new baseline models of price formation ...
Empirical evidence on inflation and unemployment suggests that they can be either positively or nega...
The Phillips curve shows the trade-off relationship between the inflation and unemployment rates. A ...
Abstract: Recent studies have indicated that the terms “NAIRU ” (non-accelerating inflation rate of...
The results in this paper, based on estimating and testing price equations for 30 countries, do not ...
How inflation and unemployment are related in both the short run and long run is perhaps the key que...
OctoberThe Phillips curve depicted a trade-off between unemployment and inflation. As the economy gr...
The relationship between the rate of inflation and the rate of unemployment is one of the most discu...
According to Phillips’ study, there is an inverse link between inflation and unemployment. The major...
The inflation equation, more commonly known as the Phillips curve, lies at the heart of modern macro...
This paper uses a multicountry econometric model to estimate what the inflation costs would have bee...
In this paper a brief history of the Phillips curve is sketched. Empirical evidence from France, Ger...
Modern theories of inflation incorporate a vertical long-run Phillips curve and are usually estimate...
The inflation equation, more commonly known as the Phillips curve, lies at the heart of modern macro...
We examine the relationship between inflation and unemployment in the long run, using quarterly US d...
This paper explains inflation and unemployment starting from new baseline models of price formation ...
Empirical evidence on inflation and unemployment suggests that they can be either positively or nega...
The Phillips curve shows the trade-off relationship between the inflation and unemployment rates. A ...
Abstract: Recent studies have indicated that the terms “NAIRU ” (non-accelerating inflation rate of...