Leightner, Jonathan Edward - In: Journal of central banking theory and practice 9 (2020) 1, pp. 5-21
between the inflation rate and the unemployment rate is extremely important. This tradeoff has become known as the Phillips … statistical technique that solves the omitted variables problem, to estimate the tradeoff between inflation and unemployment for … international context for the vast majority of the countries studied is affecting the inflation versus unemployment tradeoff. …