全球智库信息集成服务系统(G2TT): Production Technologies and the Phillips Curve.

G2TT

来源类型	Monograph (IIASA Collaborative Paper)
规范类型	论文
	Production Technologies and the Phillips Curve.
	Chichilnisky G; Heal G
发表日期	1983
出版者	IIASA, Laxenburg, Austria: CP-83-042
出版年	1983
语种	英语
摘要	In an economy with increasing returns to scale in production, wage changes and unemployment levels are shown to fluctuate systematically. Such fluctuations are part of the stable long-run configuration of the economy. They generate data sets in which wage changes show a negative Phillips-type correlation with the level of unemployment. This negative correlation is a reflection of the conventional Walrasian price adjustment process in the labor market, and does not imply that across equilibria there is a negative relation between wage changes and unemployment. In particular, it does not imply the existence of a trade-off between inflation and unemployment.
主题	Industrial Metabolism (IND)
URL	http://pure.iiasa.ac.at/id/eprint/2340/
来源智库	International Institute for Applied Systems Analysis (Austria)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/122690
推荐引用方式 GB/T 7714	Chichilnisky G,Heal G. Production Technologies and the Phillips Curve.. 1983.