Nine views of the Phillips curve: eight authentic and one inauthentic
There is a widely believed but entirely mythical story to the effect that the discovery of 'the Phillips curve' was, in the 1960s and perhaps later, an inspiration to inflationist policy. The point that this is a myth is argued in Forder, Macroeconomics and the Phillips curve myth, OUP 20...
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Médium: | Working paper |
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University of Oxford
2014
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