PHILLIPS CURVE VERSUS UNEMPLOYMENT RATE BALANCE IN THE USA ECONOMY

• Authors: Kruszka M.
• Languages of publication: 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.

Keywords

EN

PHILLIPS CURVE IN USA ECONOMY

Discipline

• ECONOMICS: ECONOMICS

• Journal: Optimum. Studia Ekonomiczne
• Year: 2007
• Issue: 4(36)
• Pages: 123-144
• Document type: ARTICLE

Contributors

author

Kruszka M.

• M. Kruszka, Akademia Ekonomiczna w Poznaniu, c/o A. Golebiowska, Uniwersytet w Bialymstoku, Wydzial Ekonomiczny, ul. Warszawska 63, 15-062 Bialystok, Poland

Identifiers

CEJSH db identifier

07PLAAAA03296800