The relationship between dynamic price and dynamic unemployment: the case of the Central European-3 and the Baltic Tigers
Convention specifies the relationship between price and unemployment in terms of the Phillips curve (PC) where inflation and the rate of unemployment are correlated. This paper uses a variant of the PC that is more consistent with the relationship between price and output as depicted in the aggregat...
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| Format: | text |
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Archīum Ateneo
2014
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| Online Access: | https://archium.ateneo.edu/economics-faculty-pubs/83 https://www.iises.net/the-relationship-between-dynamic-price-and-dynamic-unemploym.html |
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| Institution: | Ateneo De Manila University |