Phillips curve

名词 n.
中文释义

英文释义

名词 n.
  1. A single-equation empirical model describing a historical inverse relationship between rates of unemployment and corresponding rates of inflation that result within an economy.
    — An explanation of stagflation is not an explanation at all unless it includes a general explanation of why a Phillips curve should have this or that slope, and why the curve shifts if it is alleged to shift.

词形变化

Phillips curves plural

词源

Named after New Zealand economist William Phillips (1914–1975).
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