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. Copyright (c) 2008 The Ohio State University.

Date: 2008
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