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Fifty Years of the Phillips Curve: A Dialog on What We Have Learned.
The debate over the Phillips Curve - as the relation between level of unemployment rate and inflation rate - in historical economics is shortly reviewed. By using the analysis in the Extreme Value The...
A quantitative model is presented linking the rate of inflation and unemployment to the change in the level of labor force. The link between the involved variables is a linear one with all coefficient...
In 1958, A.W. Phillips discovered a strong negative correlation between in- flation and unemployment in United Kingdom data. Continuing controversy sur-rounds the long-run trade-...

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