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The slope of the Phillips curve flattened around the turn of the century. The slope, however, is also kinked (nonlinear) such that it is steeper in a tight labor market than in a more normal one. The magnitude of this kink means that the flattening of the Phillips curve around the turn of the century has not changed much the slope in a tight labor ...
Simon C. Smith +2 more
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The slope of the Phillips curve flattened around the turn of the century. The slope, however, is also kinked (nonlinear) such that it is steeper in a tight labor market than in a more normal one. The magnitude of this kink means that the flattening of the Phillips curve around the turn of the century has not changed much the slope in a tight labor ...
Simon C. Smith +2 more
openaire +1 more source
SSRN Electronic Journal
A slanted-L curve is well-suited to represent the nonlinearity of the celebrated Phillips curve. We show this using cross-country data of major industrialized economies since 2009, including the inflationary surge of the 2020s. At high unemployment rates, an increase in demand reduces unemployment without creating strong inflationary pressures ...
Benigno, Pierpaolo, Eggertsson, Gauti B.
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A slanted-L curve is well-suited to represent the nonlinearity of the celebrated Phillips curve. We show this using cross-country data of major industrialized economies since 2009, including the inflationary surge of the 2020s. At high unemployment rates, an increase in demand reduces unemployment without creating strong inflationary pressures ...
Benigno, Pierpaolo, Eggertsson, Gauti B.
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The Austrian Phillips Curve reconsidered
Empirica, 1985Den Ausgangspunkt fur diese Arbeit bildet die manchmal behauptete Stabilitat der osterreichischen Phillipskurve. In dieser Arbeit wird nun zu zeigen versucht, das diese Stabilitat auf den Umstand zuruckzufuhren ist, das bei den bisherigen Untersuchungen stets implizit angenommen wurde, die gleichgewichtige (naturliche) Arbeitslosenrate habe sich im ...
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THE REAPPEARING PHILLIPS CURVE
Oxford Economic Papers, 1983Sumner, M T, Ward, R
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The IntCal20 Northern Hemisphere Radiocarbon Age Calibration Curve (0–55 cal kBP)
Radiocarbon, 2020Paula J Reimer +2 more
exaly
Understanding fine magnetic particle systems through use of first-order reversal curve diagrams
Reviews of Geophysics, 2014Andrew P Roberts +2 more
exaly