Phillips curve is a particular case that economists misinterpret the correlation between two dependent variables for causal relation
Year of publication: |
November 2018
|
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Authors: | Ting, Chao Chiung |
Published in: |
International journal of economics and finance. - Toronto, ISSN 1916-971X, ZDB-ID 2531850-0. - Vol. 10.2018, 11, p. 70-94
|
Subject: | Phillips Curve | trade-off | natural rate unemployment | involuntary unemployment | income effect | output effect | substitution effect | independent variable | dependent variable | correlation | causality | neutrality of money | keynesian unemployment equilibrium | econometric policy evaluation | Phillips-Kurve | Phillips curve | Arbeitslosigkeit | Unemployment | Theorie der Arbeitslosigkeit | Unemployment theory | Schätztheorie | Estimation theory | Kausalanalyse | Causality analysis | Natürliche Arbeitslosenquote | Natural rate of unemployment | Bruttoinlandsprodukt | Gross domestic product |
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