The Death of the Phillips Curve Reconsidered
The Quarterly Journal of Economics · 1977 · Volume 91 · Issue 3
Abstract
I. A summary of the debate, 390.—II. The neoclassical contributions to the debate, 393.—III. An eclectic model of wage dynamics, 398.—IV. Empirical analysis of the basic equation, 403.—V. Conclusions, 411.—Appendix, 414.
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