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La Curva De Phillips Y La Crítica De Friedman

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Author Info
José Francisco Bellod Redondo

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Abstract

En este trabajo examinamos la crítica de Friedman a la Curva de Phillips. Asumiendo que el salario real equilibra el mercado de trabajo, demostramos la inconsistencia lógica del análisis de Friedman: la verticalidad de la curva de Phillips sólo es posible si el desequilibrio en el mercado de trabajo no afecta al stock de capital de la economía. Finalmente, aplicamos nuestro hallazgo a la economía española (1960 - 2003), utilizando la metodología VAR, obteniendo que la curva de Phillips tiene pendiente negativa en el largo plazo.

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File URL: http://www.eumed.net/ce/2007c/jfbr-phillips.htm
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Publisher Info
Article provided by Grupo Eumed.net (Universidad de Málaga) in its journal Contribuciones a la Economía.

Volume (Year): (2007)
Issue (Month): 2007-12 (December)
Pages:
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Handle: RePEc:erv:contri:y:2007:i:2007-12:2

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Web page: http://www.eumed.net/ce/

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Related research
Keywords: Phillips´ Curve; Monetarism; Wage Adjustment;

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This page was last updated on 2010-1-2.

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