The studies on Phillips curves relating the rate of unemployment to the rate of inflation are the results of the search for a reliable tool for forecasting inflation and implementing monetary policy. The original Phillips curve has attracted considerable attention and since then, it has undergone several important changes. Although the evidence of a negative relationship between the rate of cha...

The Phillips-Perron unit root test was used to test for unit roots, using level or trend nonstationarity as the null [1]. (A unit root tests whether a variable y evolves as a random walk, i.e., with the dynamic relation yt = yt-1 + constant + deterministic trend + errort.) The KPSS test [1,2], which uses level or trend stationarity as the null, was used to confirm the results of the Phillips-Pe...

Reseña de La Desaparición Julia Phillips, Editorial Sexto Piso (2020).

In this paper we introduce a small Keynesian model of economic growth which is centered around two advanced types of Phillips curves, one for money wages and one for prices, both being augmented by perfect myopic foresight and supplemented by a measure of the medium-term inflationary climate updated in an adaptive fashion. The model contains two potentially destabilizing feedback chains, the so...

This paper considers whether the Phillips curve can explain the recent behavior of inflation in the United States. Standard formulations of the model predict that the ongoing large shortfall in economic activity relative to full employment should have led to deflation over the past several years. I confirm previous findings that the slope of the Phillips curve has varied over time and probably ...

We examine the stability of tradeoff Phillips curve in Malaysia for the period of 1971 to 2004. We find that the tradeoff Phillips curve exists in Malaysia for both short run and long run. Furthermore, there is a stable long run tradeoff relationship between the inflation and unemployment rates in Malaysia. We suggest that the Malaysian authorities to liberate policies with a dogmatic philosoph...

http://dx.doi.org/10.1016/j.geoforum.2015.10.011 0016-7185/ 2015 The Authors. Published by Elsevier Ltd. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/). ⇑ Corresponding author at: Department of Geography, University of Leicester, University Road, Leicester LE1 7RH, United Kingdom. E-mail addresses: [email protected] (M. Phillips), j.a...

Copyright © 2006 Thunderbird, The American Graduate School of International Management. All rights reserved. This case was prepared by Professor Andrew Inkpen, Thunderbird, and Professor Rod Phillips, Carleton University, Ottawa, with research assistance from Khanh Nguyen and Chee Wee Tan, for the purpose of classroom discussion only, and not to indicate either effective or ineffective manageme...

Only 50% ofthe disulphide-S ofwool will react with NaHSO3 to give thiol and S-cysteinesulphonate groups (Elsworth & Phillips, 1941; Middlebrook & Phillips, 1942). We have now shown that the disulphide-S ofwool can be subdivided into two halves differing in their reaction with alkalis; one-half tends to decompose according to reaction (1), whilst the other half tends to decompose according to re...