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Japan's Phillips Curve Looks Like Japan

Gregor Smith

Journal of Money, Credit and Banking, 2008, vol. 40, issue 6, 1325-1326

Abstract: During the past 15 years Japan has experienced unprecedented, high unemployment rates and low (often negative) inflation rates. This research shows that these outcomes were predictable as part of a stable, readily recognized Phillips curve.

Date: 2008
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https://doi.org/10.1111/j.1538-4616.2008.00160.x

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Journal Article: Japan's Phillips Curve Looks Like Japan (2008)
Working Paper: Japan's Phillips Curve Looks Like Japan (2006) Downloads
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