In Search of a Long-Run Phillips Curve in the US

Although there is academic research confirming a short-run negative correlation between unemployment and inflation, the majority of studies conclude there is no long-run Phillips Curve. Deploying Phillips methodology and applying it to twelve years of US quarterly data, this study concludes there is a very strong negative correlation between unemployment and employment costs

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Year of publication:	2018
Authors:	Goldberg, Elliot
Publisher:	[2018]: [S.l.] : SSRN
Subject:	Phillips-Kurve \| Phillips curve \| USA \| United States \| Theorie \| Theory

Extent:	1 Online-Ressource (22 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 14, 2018 erstellt
Other identifiers:	10.2139/ssrn.3197176 [DOI]
Classification:	A10 - General Economics. General ; E24 - Employment; Unemployment; Wages ; E31 - Price Level; Inflation; Deflation ; E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination ; E63 - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization ; E64 - Incomes Policy; Price Policy
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012916695