On the Long Run Phillips Curve Genus

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Abstract

This note points out that the long run Phillips curve genus contains upward and downward sloping species as well as the vertical species. Observers have found it difficult to sight the vertical species in certain countries, in certain epochs. This difficulty could well arise from the observers having looked for the wrong species.
Original languageEnglish
Place of PublicationGlasgow
PublisherUniversity of Strathclyde
Pages1-26
Number of pages28
Volume18
Publication statusPublished - Sep 2018

Keywords

  • long run Phillips curve
  • upward species
  • downward species
  • vertical species

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