Not Trampis
Monday, 8 July 2019
The Phillips Curve revisited
We have had three articles on the Phillips curve.
This is especially important as most central banks live by the theory however it appears to be dying?
David Andolfatto
John Cochrane
David Glasner
and
AGAIN
and
AGAIN
I have to admit it is very interesting to speculate on why wages do not rise much in a recovery these days anywhere
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