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The book reexamines the significance of the Phillips curve in macroeconomic analysis during the two decades following A W H Phillips' foundational work. It explores how the relationship between inflation and unemployment evolved, influencing economic theories and policies. By analyzing historical data and theoretical implications, the author highlights the curve's impact on macroeconomic thought and its relevance in contemporary discussions.
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Macroeconomics and the Phillips Curve Myth, James Forder
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- Pubblicato
- 2018
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