학술저널
An Early History of the Phillips Curve
- 인하대학교 산업경제연구소
- 경상논집
- 經商論集 第25輯 第2號
-
2011.121 - 22 (22 pages)
- 77
The Phillips curve, as Phillips presented it in 1958, is an outcome of non-standard curve fitting. It is intended to reveal a hypothetical relation between two variables, the rate of change of money wage rates and the level of unemployment. One could only ascertain this feature of the curve through careful examination of the statistical procedures taken by Phillips, which is the major purpose of this paper. It also examines Lipsey’s theorization and revision of the curve.
Abstract
1. OVERVIEW
Ⅱ. CONSTRUCION OF THE PHILLIPS CURVE BY PHILLIPS
Ⅲ. CRITICISM AND RECONSTRUCTION OF THE PHILLIPS CURVE
Ⅳ. LIPSEY’S “MICRO THEORY OF THE PHILLIPs CURVE”
5. THE PHILLIPS CURVE AS A HYPOTHETICAL LOCUS
Ⅴ. A DIGRESSION ON HISTORIOGAPHY
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