Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5058498 | Economics Letters | 2015 | 4 Pages |
Abstract
This study indicates why the Phillips curve is flattened in an environment of low trend inflation. The key is the curvature of the demand curve.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Toyoichiro Shirota,