Economics, Econometrics and Finance
8 years ago

Historical analysis reveals new insights on inflation and unemployment trade-off.

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Edward Elgar eBooks
Inflation, unemployment and money : interpretations of the Phillips curve
Bruno Jossa, Marco Musella

Paper Summary

The article explores different views on the Phillips curve, showing how inflation and unemployment can be linked without using traditional economic theories. It looks at the history of the Phillips curve and how it has evolved over time, considering ideas from post-Keynesian literature.

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