What Is the Phillips Curve (and Why Has It Flattened)?
https://www.stlouisfed.org/open-vault/2020/january/what-is-phillips-curve-why-flattened
WEBJan 14, 2020 · The Phillips curve is named after economist A.W. Phillips, who examined U.K. unemployment and wages from 1861-1957. Phillips found an inverse relationship between the level of unemployment and the rate of change in wages (i.e., wage inflation). 1 Since his famous 1958 paper, the relationship has more generally been extended to …
DA: 5 PA: 70 MOZ Rank: 80