On the Long Run Phillips Curve Genus

Rod Cross

Research output: Working paperDiscussion paper

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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
Number of pages28
Publication statusPublished - 27 Sept 2018

Publication series

NameStrathclyde Discussion Papers in Economics
PublisherUniversity of Strathclyde
Volume18-13

Keywords

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

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