Japan's Phillips Curve Looks Like Japan
AbstractDuring the past 15 years Japan has experienced unprecedented, high unemployment rates and low (often negative) inflation rates. This research shows that these outcomes were predictable as part of a stable, readily recognized Phillips curve. Copyright (c) 2008 The Ohio State University.
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Bibliographic InfoPaper provided by Queen's University, Department of Economics in its series Working Papers with number 1083.
Length: 4 pages
Date of creation: May 2006
Date of revision:
Phillips curve; Japan;
Other versions of this item:
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-06-17 (All new papers)
- NEP-CBA-2006-06-17 (Central Banking)
- NEP-MAC-2006-06-17 (Macroeconomics)
- NEP-SEA-2006-06-17 (South East Asia)
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