Year: 1982
Author: Neumann, Manfred J. M.
Credit and Capital Markets – Kredit und Kapital, Vol. 15 (1982), Iss. 4 : pp. 566–571
Abstract
Phillips-Illusions: A Comment
The comment deals with the assertion by Holtfrerich (1982) that the transition from fixed to flexible exchange rates induced an increase in the shortrun Phillips-trade-off. This assertion is shown to be unfounded on both, theoretical as well as empirical grounds.
Journal Article Details
Publisher Name: Global Science Press
Language: Multiple languages
DOI: https://doi.org/10.3790/ccm.15.4.566
Credit and Capital Markets – Kredit und Kapital, Vol. 15 (1982), Iss. 4 : pp. 566–571
Published online: 1982-04
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 6
Author Details
-
Wohin treibt die Phillipskurve? Theoretische und empirische Überlegungen zur inflationsstabilen Arbeitslosenquote in der Bundesrepublik Deutschland
Franz, Wolfgang
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 104 (1984), Iss. 6 P.603
https://doi.org/10.3790/schm.104.6.603 [Citations: 3]
-
Carl-Ludwig Holtfrerich (1982): Wechselkurssystem und Phillips-Kurve, Kredit und Kapital 15, 65 - 89.
Google Scholar -
Heinz König (1978): Eine monetaristisches Modell zur Erklärung von Arbeitslosigkeit und Inflation: Modellprobleme und -implikationen für die BRD, Zeitschrift für Nationalökonomie 38, 85 - 104.
Google Scholar -
Robert E. Lucas (1973): Some International Evidence on Output- Inflation Trade-offs, American Economic Review 63, 326 - 334.
Google Scholar -
Thomas J. Sargent (1979): Macroeconomic Theory, New York, 325 - 330.
Google Scholar