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What Is the Phillips Curve (and Why Has It Flattened)?
Abstract: Historically, an inverse relationship seems to have existed between unemployment and inflation. Does it still exist? And why does this matter?
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https://www.stlouisfed.org/open-vault/2020/january/what-is-phillips-curve-why-flattened
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https://fraser.stlouisfed.org/title/open-vault-9398/phillips-curve-flattened-688072
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Provider: Federal Reserve Bank of St. Louis
Publication Date: 2020-01-14