Examples of 'phillips curve' in a sentence
Meaning of "phillips curve"
Phillips curve is an economic concept that demonstrates an inverse relationship between inflation and unemployment rates. It suggests that when unemployment decreases, inflation tends to increase, and vice versa
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- A single-equation empirical model describing a historical inverse relationship between rates of unemployment and corresponding rates of inflation that result within an economy.
How to use "phillips curve" in a sentence
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phillips curve
Natural rate of unemployment formula phillips curve.
The Phillips curve is not dead yet.
The short answer is the Phillips curve.
The Phillips curve has effectively shifted to the right.
These goals are sometimes in conflict according to Phillips curve.
Thus far the Phillips curve has a horizontal part.
My answer would be the Phillips curve.
In the Phillips curve this is represented by the coefficient on past inflation.
This is what is represented by Phillips curve.
The Phillips curve started as an empirical observation in search of a theoretical explanation.
It is probably best understood in terms of the Phillips curve hypothesis.
The Phillips curve describes the relation between unemployment and inflation.
The equation can also be viewed as an augmented Phillips curve.
The Phillips curve shows a trade off between unemployment and inflation.
This inverse relationship became known as the Phillips curve.
See also
Friedman also challenged the Phillips curve relationship between inflation and unemployment.
This statistical relationship became known as the Phillips curve.
The Phillips curve suggests there is a trade off between these two objectives.
The same doubts apply to the Phillips curve equation.
The Phillips Curve shows that there is a negative relationship between inflation and unemployment.
Well one of those was the expectations augmented Phillips curve.
I also plotted the latest Phillips curve which you can see next.
There are at least two different mathematical derivations of the Phillips curve.
There are several reasons why the Phillips curve might be nonlinear.
Money illusion is believed to be instrumental in the Friedmanian version of the Phillips curve.
The only problem with the Phillips curve is that it has no empirical support.
This note examines the ongoing debate on the Phillips curve.
It delivered a new classical explanation of the Phillips curve relationship between unemployment and inflation.
The most important answers were elaborated within the framework of the Phillips curve.
US Phillips curve based on domestic and international output gaps over two separate periods.
We now turn to considering the role of the Phillips curve in macroeconomics.
The Phillips curve is central.
Wages are assumed to change according to a linearized Phillips curve relationship given by.
The debate about the Phillips curve has made its comeback among economists.
But the changes have not been as significant as making the Phillips curve steeper.
The inflation variable used in the Phillips curve is the change in unit labour costs.
The typical aggregate supply curve leads to the concept of the Phillips curve.
This paper studies the nonlinearity of the Phillips Curve and its implications for monetary policy.
Much of the policy debate has focused on the flattening of the Phillips curve.
Deriving the empirical Phillips curve theoretically.
Milton Friedman argued that a natural rate of inflation followed from the Phillips curve.
Y proxy for Phillips curve effect.
Yellen is also confused about what causes inflation other than the Phillips curve.
Therefore the Phillips curve is wrong.
So there is a lot of talk about the Phillips Curve.
Demographics worriers are Phillips Curve alarmists turned inside out.
The Phillips curve for Denmark remained completely level see appendix.
Samuelson incorporated the idea of the Phillips curve into his work.
The Phillips curve describes the relationship between,.
Both results are the exact opposite of what the Phillips curve would predict.
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