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2017
The "Phillips curve" that emerges from the results may be well being entirely illusory. As a descriptive device, this curve is more than an approximation of the observed negative association between the inflation and unemployment rates during part of the postwar period.
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The "Phillips curve" that emerges from the results may be well being entirely illusory. As a descriptive device, this curve is more than an approximation of the observed negative association between the inflation and unemployment rates during part of the postwar period.
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Low Inflation Bends the Phillips Curve
Social Science Research Network, 2019The Phillips curve, which traces out a negative relationship between inflation and unemployment, has undergone tremendous changes over more than 100 years.
Joseph E. Gagnon, C. Collins
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Exploring the existence of environmental Phillips curve in South Asian countries
Environmental science and pollution research international, 2022S. Tariq+3 more
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Environmental science and pollution research international, 2021
Roni Bhowmik+4 more
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Roni Bhowmik+4 more
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The Phillips Curve: Back to the '60s?
, 2016This paper reexamines the behavior of inflation and unemployment and reaches four conclusions: 1) The U.S. Phillips curve is alive and well (at least as well as in the past). 2) Inflation expectations however have become steadily more anchored.
O. Blanchard
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The International Element in the Phillips Curve
The Scandinavian Journal of Economics, 1980A set of internal two-equation price-wage models is formulated for 17 countries. It is then demonstrated that the interconnection is much stronger than can be explained by: (i) imported inflation through import prices including exchange rate changes; (ii) the common element in total demand generated by exports; and (iii) the necessity for ...
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Environmental science and pollution research international, 2021
M. K. Anser+3 more
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M. K. Anser+3 more
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The Original Phillips Curve Estimates
Economica, 1976In his original estimates of the relationship that subsequently became known as the Phillips Curve, Phillips (1958) adopted an unorthodox estimation procedure. This involved replacing the 53 raw observations with six averaged values and then estimating by means of a combination of least squares and graphical inspection. Recently, Desai (1973, 1975) has
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