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PHILLIPS CURVE [1 record]

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Record 1 2001-08-01

English

Subject field(s)
  • Econometrics
CONT

Fig 41-2 pictures the typical downward-sloping Phillips curve, in which as you move leftward to reduce unemployment, then the higher becomes the rate of price and wage creep along the curve.

French

Domaine(s)
  • Économétrie

Spanish

Campo(s) temático(s)
  • Econometría
DEF

Representación gráfica de las tesis planteadas en 1957 por el economista Alban William Housego Phillips [...] consistentes en que la reducción de las altas tasas de inflación, solamente puede lograrse con un aumento considerable del desempleo.

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