What remains from the trade-off between inflation and unemployment? (A brief reflection on the Phillips curve)
This paper analyzes the debate that took place in the second half of the 20th century about the relationship between inflation and unemployment. The “discovery” of the Phillips curve, provided a powerful tool for the economic policy. But, as always happens in the history of economic ideas, some yea...
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Format: | Article |
Language: | Spanish |
Published: |
Universidad Complutense de Madrid
2018-05-01
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Series: | Iberian Journal of the History of Economic Thought |
Subjects: | |
Online Access: | https://revistas.ucm.es/index.php/IJHE/article/view/60281 |