Statements (20)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:basedOn |
UK data 1861-1957
|
| gptkbp:compatibleWith |
stagflation
|
| gptkbp:criticizedFor |
gptkb:Milton_Friedman
gptkb:Edmund_Phelps |
| gptkbp:describesRelationshipBetween |
unemployment
wage inflation |
| gptkbp:doesNotAccountFor |
expectations-augmented inflation
|
| gptkbp:empiricalBasis |
historical wage and unemployment data
|
| https://www.w3.org/2000/01/rdf-schema#label |
original Phillips curve
|
| gptkbp:influenced |
macroeconomic policy
|
| gptkbp:proposedBy |
gptkb:A._W._Phillips
inverse relationship between unemployment and wage inflation |
| gptkbp:publishedIn |
1958
|
| gptkbp:relatedTo |
gptkb:economic_policy
gptkb:Keynesian_economics |
| gptkbp:replacedBy |
gptkb:expectations-augmented_Phillips_curve
|
| gptkbp:usedIn |
policy debates in 1960s
|
| gptkbp:bfsParent |
gptkb:expectations-augmented_Phillips_curve
|
| gptkbp:bfsLayer |
7
|