The Implementation of the Phillips Curve to Romania’s Realities

The Phillips curve represents a tool used in economics which presents the relationship between the rate of unemployment and the rate of inflation. Its analysis using the values recorded by these two indicators in Romania shows the existence of a link between these two rates only on short term. The choice between these two macroeconomic imbalances is difficult given that there is no link between indicators to allow influencing one by means of another.

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Year of publication:	2011
Authors:	Mihaela, Ioneci ; Georgiana, Mîndreci
Published in:	Ovidius University Annals, Economic Sciences Series. - Facultatea de Ştiinţe Economice, ISSN 1582-9383. - Vol. XI.2011, 1, p. 993-996
Publisher:	Facultatea de Ştiinţe Economice
Subject:	the Phillips curve \| inflation \| unemployment

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Extent:	application/pdf
Type of publication:	Article
Classification:	E24 - Employment; Unemployment; Wages ; E31 - Price Level; Inflation; Deflation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010632369