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The nature of the Phillips curve in Tunisia: new empirical evidence

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  • Thouraya Boujelbene Dammak
  • Younes Boujelbene

Abstract

The debate about the theoretical foundations of the nature of the relationship between inflation and unemployment has been the subject matter of multiple reinterpretations involving most of the modern macroeconomic theories. The lack of research that proved the existence of the Phillips curve in the developing countries accounts for the objective of this study. In fact, our paper examines Tunisia as a case study to empirically prove the relation between inflation rate and unemployment rate. Our findings provide evidence about the existence of a long run trade-off between the unemployment rate and the inflation rate in Tunisia.

Suggested Citation

  • Thouraya Boujelbene Dammak & Younes Boujelbene, 2009. "The nature of the Phillips curve in Tunisia: new empirical evidence," International Journal of Monetary Economics and Finance, Inderscience Enterprises Ltd, vol. 2(2), pages 126-143.
    • Handle: RePEc:ids:ijmefi:v:2:y:2009:i:2:p:126-143
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    Citations

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    Cited by:

    1. Shahbaz, Muhammad & Islam , Faridul & Shabbir, Muhammad Shahbaz, 2012. "Phillips Curve in a Small Open Economy: A Time Series Exploration of North Cyprus," Bangladesh Development Studies, Bangladesh Institute of Development Studies (BIDS), vol. 35(4), pages 113-130, December.
    2. ALIASUDDIN & Sofyan SYAHNUR & MALIA, 2020. "Inflation And Unemployment In Southeast Asian Countries: A Panel Gmm Application On Phillips Curve," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 145-152, June.
    3. Mihaela Simionescu, 2014. "Testing The Existence And Stability Of Phillips Curve In Romania," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 10(1), pages 67-74.

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