Statements (28)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic crisis
|
| gptkbp:addressedTo |
gptkb:Federal_Reserve
gptkb:Paul_Volcker |
| gptkbp:affects |
global economy
industrial production consumer prices wage growth |
| gptkbp:challenge |
gptkb:Keynesian_economics
|
| gptkbp:characterizedBy |
high unemployment
high inflation stagnant economic growth |
| gptkbp:debatedBy |
gptkb:economist
|
| https://www.w3.org/2000/01/rdf-schema#label |
stagflation of the 1970s
|
| gptkbp:ledTo |
policy changes in central banking
rise of monetarism |
| gptkbp:notableFor |
gptkb:United_Kingdom
gptkb:United_States gptkb:Western_Europe |
| gptkbp:occurredIn |
1970s
|
| gptkbp:relatedTo |
gptkb:OPEC_oil_embargo
supply shock |
| gptkbp:resultedIn |
gptkb:recession_in_early_1980s
tight monetary policy |
| gptkbp:triggeredBy |
gptkb:1979_energy_crisis
gptkb:1973_oil_crisis |
| gptkbp:bfsParent |
gptkb:Keynesian_economics
gptkb:Reaganomics |
| gptkbp:bfsLayer |
5
|