Rudd, Jeremy B. (contributor); Whelan, Karl (contributor) - 2005
the so-
called \new-Keynesian" Phillips curve, which has provided a modern take on the traditional
Phillips curve … skeptical about the new-Keynesian framework that is bidding to become the new
benchmark model for in ation analysis. More … made by Sargent (1971) and
Lucas (1972a), and trace how this led to the development of the modern \new-Keynesian"
Phillips …