菲利普斯曲线(国外英文资料).docVIP

菲利普斯曲线 Phillips curve World economist ECONOMIST.ICXO.COM (date: 2006-09-01 19:04) Three Phillips curves (1) three Phillips curves showing the relationship between three pairs of economic variables The Phillips curve has three ways of expressing three pairs of economic variables. The first Phillips curve shows the relationship between the unemployment rate and the rate of change in the rate of money wages, which can be called the unemployment wage Phillips curve. This was first proposed by Phillips A, a New Zealand economist who was studying in England in 1958. Its form is: a curve with a negative slope from the lower right direction to the upper left, with the unemployment rate as the horizontal axis and the change rate of the wage rate as the vertical axis (see the solid line in Figure 1). It shows that the unemployment rate is inversely related to the rate of change in the wage rate of money, which is the negative correlation between the two. As unemployment rises, the rate of change in the rate of money wages falls; when the unemployment rate falls, the rate of change in the rate of money wages rises. In a short term, the typical economic cycle, economic fluctuation in the rising period, the unemployment rate fell, rising wage change rate of currency; fluctuations in the economic down period, the rising unemployment rate, the rate of change of money wages decline. Thus, this curve represents a curve loop that moves from the upper left to the upper left and then moves from the upper left to the lower right The curve ring shows a slightly left, sloping, low, and flat shape. The top left shows tilt, the unemployment rate and the rate of change of money wages to reverse changes in the relationship; the potential is low, indicating that monetary wage change rate at a low level; slightly top left tilt and the relatively flat, indicating changes in the magnitude of the rate of change of money wages is not big. The second Phillips curve shows the relationship between th