PL EN


2007 | 4(36) | 123-144
Article title

PHILLIPS CURVE VERSUS UNEMPLOYMENT RATE BALANCE IN THE USA ECONOMY

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PL
Abstracts
EN
The basic objective of this article was to make an empirical analysis of dependencies characteristic of Phillips curve in the USA economy. The results of econometric estimates prove existence of mutual relationship between unemployment and dynamics of wages or prices. Consequently, it is possible to define unemployment rate balance which changes in time and is determined by dynamics of labor efficiency.
Year
Issue
Pages
123-144
Physical description
Document type
ARTICLE
Contributors
author
  • M. Kruszka, Akademia Ekonomiczna w Poznaniu, c/o A. Golebiowska, Uniwersytet w Bialymstoku, Wydzial Ekonomiczny, ul. Warszawska 63, 15-062 Bialystok, Poland
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Identifiers
CEJSH db identifier
07PLAAAA03296800
YADDA identifier
bwmeta1.element.62b574bc-7719-3139-b4fb-061e0903e103
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