Phillips curve and the equilibrium rate of unemployment [electronic resource] / G.C. Lim, R. Dixon, S. Tsiaplias
- Bib ID:
- 5714297
- Format:
- Book
- Author:
- Lim, G. C. (Guay C.)
- Online Access:
- Archived at NLA
- Related Online Resources:
- Publisher site
- Description:
- Parkville, Vic. : Dept. of Economics, University of Melbourne, 2009
- ISBN:
- 9780734040343
- Series:
-
- PANDORA electronic collection.
- Research paper (University of Melbourne. Dept. of Economics : Online) ; no. 1070.
- Technical Details:
-
- Mode of access: Internet via World Wide Web. Address as at 20/09/2011: http://www.economics.unimelb.edu.au/research/workingPapers.html.
- System requirements: Adobe Acrobat reader to access the document in PDF format.
- Summary:
-
A time-varying Phillips curve was estimated as a means to examine the changing nature of the relationship between wage inflation and the unemployment rate in Australia. The implied time-varying equilibrium unemployment rate was generated and the analysis showed the important role played by variations in the slope of the Phillips curve in changing the equilibrium unemployment rate. The deviations of actual unemployment rates from the estimated equilibrium unemployment rates also performed remarkedly well as measures of inflationary pressure.
- Notes:
-
- "May 2009".
- Title from title screen (viewed on Sept. 20, 2011)
- Includes bibliographical references (p. 25-27)
- Text and graphics.
- Selected for archiving
- Subject:
- Other authors/contributors:
- Copyright:
-
In Copyright
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Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 2009
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