tag:blogger.com,1999:blog-2761684730989137546.post1130841808408573927..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Is There Really A Trade-Off Between Inflation And Unemployment? — Brian Romanchukmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2761684730989137546.post-15866281499546900452019-08-15T08:07:43.457-04:002019-08-15T08:07:43.457-04:00“Phillips Curve is Dead since the 1960s”
That’s a...“Phillips Curve is Dead since the 1960s”<br /><br />That’s a laugh...<br /><br />Here 2016:<br /><br />https://www.brookings.edu/blog/up-front/2016/02/18/the-circular-logic-of-inflation-expectations/<br /><br />“It’s a safe bet the FOMC will stick to the party line at its next meeting and continue foreseeing a rise to 2 percent as the Phillips curve kicks in and the “transitory effects” of declines in oil and import prices work their way through the system.”<br /><br />Get a grip...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-61337964826379634512019-08-15T03:13:43.025-04:002019-08-15T03:13:43.025-04:00Links on Brian Romanchuk’s ‘Is There Really A Trad...Links on Brian Romanchuk’s ‘Is There Really A Trade-Off Between Inflation And Unemployment?’<br /><br />The Bastard/NAIRU Phillips Curve is dead since the 1960s. For the proof see<br />http://axecorg.blogspot.de/2015/01/nairu-wage-led-growth-and-samuelsons.html<br />https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2130421<br /><br />For details of the big picture see cross-references Employment/Phillips Curve<br />http://axecorg.blogspot.com/2015/08/employmentphillips-curve-cross.html<br /><br />Egmont Kakarot-HandtkeAXEC / E.K-Hhttps://www.blogger.com/profile/10402274109039114416noreply@blogger.com