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Understanding inflation and the implications for monetary policy : a Phillips curve retrospective
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ISBN: 9780262013635 0262013630 9786612694462 0262258781 1282694464 026225820X 9780262258784 6612694467 9781282694460 Year: 2009 Publisher: Cambridge, MA : MIT Press,

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Abstract

The 'Phillips curve' represents the inverse relationship between inflation & unemployment, & is a central concept in macroeconomic analysis. This volume offers an assessment of how more sophisticated analysis of prices & wage setting & inflation expectations have changed the nature of the curve.

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