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Price Stability, Inflation and Central Banks

C/E/267. Study on Phillips curve in different environments

WORDS:
2300
DATE:
2008
PRICE:
29.99 GBP

The paper aims to test the hypothesis of the Phillips curve regarding the relationship between the inflation rate and unemployment rate in the context of a developing country (Malaysia) and a developed country (Canada), and analysing the data on the unemployment rates and inflation rates within a specific time period to test the validity of the above mentioned hypothesis in two different environments.

 

KEYWORDS: Phillips curve, inflation, unemployment, Canada, Malaysia,