RELATIONSHIP BETNJEEN INFLATION AND UNEMPLOYMENT MACRO MODEL

In this paper we consider quantitative relation between two microeconomic categories: unemployment and inflation. Or, subject of research is macro-economic model which has who variables (unemployment and inflation). In economic literature relation between quoted variables known as Phillips →s model....

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Veröffentlicht in:Acta Economica 2005-09, Vol.3 (3)
Hauptverfasser: Ratko Kravarušić, PhD, Stanko Stanić
Format: Artikel
Sprache:eng
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Zusammenfassung:In this paper we consider quantitative relation between two microeconomic categories: unemployment and inflation. Or, subject of research is macro-economic model which has who variables (unemployment and inflation). In economic literature relation between quoted variables known as Phillips →s model. Therefore, base of quoted quantitative relation is that model, with expedition. In the article we derived solutions of the noted models.
ISSN:1512-858X
2232-738X