1958-2008, avatars et enjeux de la courbe de Phillips
Hervé Le Bihan ()
Revue de l'OFCE, 2009, vol. n° 111, issue 4, 81-101
The Phillips curve is fifty years old. Since Phillips (1958)?s original contribution this econometric relationship has undergone many criticisms and evolutions. The Phillips curve yet remains a fundamental tool for inflation forecasting and monetary policy analysis. This paper reviews the various versions of the Phillips curve, using examples of recent research for illustration purposes, and discusses the main issues associated with this relation. JEL classification: E31, J30.
Keywords: Phillips curve; inflation; wages; New Keynesian Phillips curve (search for similar items in EconPapers)
JEL-codes: E31 J30 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (8) Track citations by RSS feed
Downloads: (external link)
Working Paper: 1958-2008, avatars et enjeux de la courbe de Phillips (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cai:reofsp:reof_111_0081
Access Statistics for this article
More articles in Revue de l'OFCE from Presses de Sciences-Po
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().