Japan's Phillips Curve Looks Like Japan

During 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.

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Veröffentlicht in:	Journal of money, credit and banking credit and banking, 2008-09, Vol.40 (6), p.1325-1326
1. Verfasser:	SMITH, GREGOR W.
Format:	Artikel
Sprache:	eng
Schlagworte:	Analysis E24 E31 Inflation Inflation (Economics) Inflation (Finance) Inflation rates Japan Macroeconomics Monetary economics National economy Phillips Curve Research fellowships Shorter Papers, Discussions, and Letters Studies Unemployment Unemployment rates
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description	During 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.
doi_str_mv	10.1111/j.1538-4616.2008.00160.x
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source	Wiley Online Library Journals Frontfile Complete; Jstor Complete Legacy
subjects	Analysis E24 E31 Inflation Inflation (Economics) Inflation (Finance) Inflation rates Japan Macroeconomics Monetary economics National economy Phillips Curve Research fellowships Shorter Papers, Discussions, and Letters Studies Unemployment Unemployment rates
title	Japan's Phillips Curve Looks Like Japan
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