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  • Is the Phillips Curve dead?

Is the Phillips Curve dead?

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  • Product Reference: Download: D151

Nick Fyfe, Head of Economics, Dulwich College, reviews the empirical evidence relating to the relationship between inflation and unemployment.

Summary of Key Points:

  • The basic Phiilips Curve, the Keynesian view and the short-run Classical view.
  • Examination of inflation and unemployment rates in the UK and the US
  • The role of commodity prices
  • The role of inflationary expectations
  • The role of global trade
  • The role of supply side policies
  • The role of time lags
  • Conclusion

This article first appeared in Economics Today Volume 24 Issue 1 September 2016

Nick Fyfe, Head of Economics, Dulwich College, reviews the empirical evidence relating to the relationship between inflation and unemployment.

Summary of Key Points:

  • The basic Phiilips Curve, the Keynesian view and the short-run Classical view.
  • Examination of inflation and unemployment rates in the UK and the US
  • The role of commodity prices
  • The role of inflationary expectations
  • The role of global trade
  • The role of supply side policies
  • The role of time lags
  • Conclusion

This article first appeared in Economics Today Volume 24 Issue 1 September 2016

This article first appeared in Economics Today Volume 24 Issue 1 September 2016

Product Reference: D151

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