Understanding Inflation and the Implications for Monetary Policy
A Phillips Curve RetrospectiveeBook - 2009
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.
Publisher: Cambridge, MA : MIT Press, ©2009
Characteristics: 1 online resource (xiii, 502 pages) : illustrations