Phillips Curves.ppt

文档介绍：Phillips curves
Phillips curves
The original
Phillips curve
The original Phillips curve
Unemployment (%)
Wage inflation (%)
Phillips curves
Phillips curves
in the UK?
Inflation (%)
Unemployment (%)
The breakdown of the Phillips curve?
67
63
62
65
66
64
60
61
Inflation (%)
Unemployment (%)
The breakdown of the Phillips curve?
67
63
62
65
66
64
60
61
Original Phillips curve
74
71
73
70
72
Inflation (%)
Unemployment (%)
The breakdown of the Phillips curve?
69
68
67
63
62
65
66
64
60
61
75
74
76
77
79
71
73
70
72
78
Inflation (%)
Unemployment (%)
The breakdown of the Phillips curve?
69
68
67
63
62
65
66
64
60
61
75
74
80
76
77
79
71
73
70
72
78
82
83
84
85
81
Inflation (%)
Unemployment (%)
The breakdown of the Phillips curve?
69
68
67
63
62
65
66
64
60
61
75
74
80
76
77
79
71
73
70
72
78
90
89
91
88
95
82
83
84
85
86
93
87
92
94
81
Inflation (%)
Unemployment (%)
The breakdown of the Phillips curve?
69
68
67
63
62
65
66
64
60
61