1958-2008, avatars et enjeux de la courbe de Phillips

The Phillips curve is fifty years old. Since Phillips (1958)?s original contribution this econometric relationship has undergone many criticisms and evolutions. The Phillips curve yet remains a fundamental tool for inflation forecasting and monetary policy analysis. This paper reviews the various versions of the Phillips curve, using examples of recent research for illustration purposes, and discusses the main issues associated with this relation. JEL classification: E31, J30.

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Year of publication:	2009
Authors:	Bihan, Hervé Le
Published in:	Revue de l'OFCE. - Presses de Sciences-Po. - Vol. n° 111.2009, 4, p. 81-101
Publisher:	Presses de Sciences-Po
Subject:	Phillips curve \| inflation \| wages \| New Keynesian Phillips curve

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Extent:	application/pdf text/html
Type of publication:	Article
Classification:	E31 - Price Level; Inflation; Deflation ; J30 - Wages, Compensation, and Labor Costs. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008631660