Inflation, Unemployment and Money: Interpretations of the Phillips Curve
This text presents a reconstruction of the different interpretations of the Phillips curve. It demonstrates, through in-depth analysis, how it is possible to find non-neoclassical foundations in the trade-off between inflation and unemployment. The debate is presented from a historical perspective which charts the evolution of the Phillips curve from a non-neoclassical perspective, taking account of post-Keynesian literature.
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List of Figures and Tables
Keynesians and Monetarists on the Phillips curve
Neoclassical interpretations of the Phillips curve and
5 other sections not shown
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