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Price Stability, Inflation and Central Banks
P/E/390. Relationship between inflation and unemployment: Phillips Curve
- WORDS:
- 2000
- DATE:
- 2006
- PRICE:
- 29.99 GBP
The paper examines the inverse relationship between inflation and unemployment, known as the Phillips Curve, offering a review of definitions of inflation, the rationale behind the Phillips Curve model, its short run and long run applicability, the factors behind unemployment, etc.
KEYWORDS: Inflation, unemployment, Phillips Curve,
Other Papers On: Labour Market and Unemployment
Other Papers On: Price Stability, Inflation and Central Banks
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