| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 965618 | Journal of Macroeconomics | 2009 | 6 Pages |
Abstract
This comment discusses the presence of Phillips-curve effects for the UK, 1860-2004. A reconsideration of the empirical evidence in Castle and Hendry (2009) seems to suggest different functional relationships between wage inflation and unemployment for different periods. We conclude that the role of unemployment may have changed over time - but it has certainly not disappeared.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Heino Bohn Nielsen,