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La Curva De Phillips Y La Crítica De Friedman

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  • José Francisco Bellod Redondo

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.

Suggested Citation

  • José Francisco Bellod Redondo, 2007. "La Curva De Phillips Y La Crítica De Friedman," Contribuciones a la Economía, Servicios Académicos Intercontinentales SL, issue 2007-12, December.
    • Handle: RePEc:erv:contri:y:2007:i:2007-12:2
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    1. José Francisco Bellod Redondo, 2011. "El monetarismo amable de David Hume," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 13(25), pages 387-393, July-Dece.

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