Приклади вживання Phillips curve Англійська мовою та їх переклад на Українською
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Phillips curve.
Short-run and long-run Phillips curve.
The Phillips Curve.
Samuelson incorporated the idea of the Phillips curve into his work.
Phillips curve's successes and collapse.
It also created the modification of the Phillips curve for the development of economic policy.
Phillips curve and the concept of the natural rate of unemployment(1968).
The red line shows theslope of the fitted linear regression(parameter γ in the Phillips curve).
The short-run Phillips curve shifts to the right from PC! to PC.
The second main part of aKeynesian policy-maker's theoretical apparatus was the Phillips curve.
Phillips Curve shows the inverse relationship between inflation and the norm of unemployment.
This negative empirical relationship between unemployment and inflation is known as the Phillips curve.
The long-run Phillips Curve was thus vertical, so there was no trade-off between inflation and unemployment.
Other important contributions include his critique of the Phillips curve and the concept of the natural rate of unemployment(1968).
According to the Phillips curve, unemployment is high with insignificant inflation, and as inflation increases, it decreases.
Some macroeconomists have returned to the IS- LM model and the Phillips curve as a first approximation of how an economy works.
Stagflation and the Phillips curve indicate a stable and predictable feedback between the level of inflation and unemployment.
Any attempt to reduce the unemployment rate blow the naturalrate sets in motion forces which destabilize the Phillips Curve and shift it rightward.
The vertical long-run Phillips curve is; in essence, one expression of the classical idea of monetary neutrality.
Econometric studies in the first part of the 20th century showed a negative correlation between inflation andunemployment called the Phillips curve.
Other important contributions include his critique of the Phillips Curve, and the concept of the natural rate of unemployment(1968).
Based on the Phillips curve, it is assumed that it is possible to reduce unemployment in an inflationary environment or to increase unemployment by suppressing price increases.
According to Samuelson and Solow,policymakers face a trade-off between inflation and unemployment, and the Phillips curve illustrates that trade-off.
The short-run Phillips curve would shift downward, and the economy would reach low inflation quickly without the cost of temporarily high unemployment and low output.
To answer the first question, consider the standard expectations-augmented Phillips curve, which links nominal variables(inflation) to real variables(output, unemployment):.
In 1973, the Journal of Political Economy posthumously reprinted his 1926 paper on the statistical relation between unemployment and inflation,retitling it as"I discovered the Phillips curve".
If the Phillips curve is fixed in one position, then people who determine the economic situation will have to decide what is better to use to improve the situation-a stimulating or restrictive fiscal policy.
Thus the economist could use the IS- LM model to predict, for example, that an increase in the money supply would raise output and employment-and then use the Phillips curve to predict an increase in inflation.
Thus, we can compare the two possible outcomes for the economy either in terms of output and the price level(using the model of aggregate demand and aggregate supply)or in terms of unemployment and inflation(using the Phillips curve).