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The Australian Phillips curve and more

Ivan Kitov () and Oleg Kitov ()

Papers from arXiv.org

Abstract: A quantitative model is presented linking the rate of inflation and unemployment to the change in the level of labor force. The link between the involved variables is a linear one with all coefficients of individual and generalized models obtained empirically. To achieve the best fit between measured and predicted time series cumulative curves are used as a simplified version of the 1-D boundary elements method. All models for Australia are similar to those obtained for the US, France, Japan and other developed countries and thus validate the concept and related quantitative model.

Date: 2011-02
New Economics Papers: this item is included in nep-cba, nep-cis and nep-mac
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http://arxiv.org/pdf/1102.1851 Latest version (application/pdf)

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Working Paper: The Australian Phillips curve and more (2011) Downloads
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