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Understanding Inflation and the Implications for Monetary PolicyA Phillips Curve Retrospective

Understanding Inflation and the Implications for Monetary Policy: A Phillips Curve Retrospective

Jeff Fuhrer, Yolanda K. Kodrzycki, Jane Sneddon Little, and Giovanni P. Olivei (eds)

Published in print:
2009
Published Online:
August 2013
ISBN:
9780262013635
eISBN:
9780262258784
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262013635.001.0001
Subject:
Economics and Finance, Econometrics

In 1958, economist A. W. Phillips published an article describing what he observed to be the inverse relationship between inflation and unemployment; subsequently, the “Phillips curve” became a ... More

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