The Phillips curve describes an inverse correlation between inflation and unemployment. It says that as inflation rises, unemployment goes down, and vice versa. The curve got its name from a New ...

Although the labor market has steadily strengthened, wage growth has remained slow in recent years. This raises the question of whether the wage Phillips curve—the traditional relationship between ...

A key challenge for monetary policymakers is to predict where inflation is headed. One promising approach involves modifying a typical Phillips curve predictive regression to include an interaction ...

Every academic discipline has dirty secrets. Those of economics include the fact that some of our best known principles are based on very thin data. The Phillips curve, which is relevant to much of ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We study inflation dynamics in Colombia using a bottom-up Phillips curve approach. This allows us to capture the different ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Confused about why the Fed is committed to higher inflation despite mixed signs of recovery in the US economy?

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As I wrote last week, the announced death of the Phillips curve drew strange bedfellows to its wake. From Trump ...

“Insanity is doing the same thing over and over again and expecting different results.” (Usually attributed to Albert Einstein, this familiar quote may have originated with Max Nordau or others in ...

What is the Phillips curve? What is the Phillips curve? The Phillips curve is a model that attempts to show the relationship between inflation and unemployment. Central bankers who are responsible for ...