Some Additional Thoughts about the Phillips Curve

In a response to James E. Payne, Tracy L. Martin, & Samuel N. Potter's (2000) extension of the Phillips curve model for the relationship between inflation & unemployment, a more sophisticated variable in the model to represent inflationary expectations is recommended. Alternative models...

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Bibliographic Details
Published in:Social science quarterly 2000-06, Vol.81 (2), p.680-682
Main Authors: Ewing, Bradley T., Seyfried, William L.
Format: Article
Language:English
Subjects:
Analysis
Anticipated inflation
Economic models
Economic Policy
Economic theory
Economics
Forum
Inflation
Inflation (Finance)
Inflation rates
Inflation shocks
Labor markets
Mathematical Models
Measurement
Methodological Problems
Natural rate of unemployment
Phillips curve
Unemployment
Unemployment rates
United States
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Summary:In a response to James E. Payne, Tracy L. Martin, & Samuel N. Potter's (2000) extension of the Phillips curve model for the relationship between inflation & unemployment, a more sophisticated variable in the model to represent inflationary expectations is recommended. Alternative models for estimating expected inflation are discussed. 8 References. M. Pflum
ISSN:0038-4941
1540-6237