This paper does an empirical study to phillips curve with data of china based on introduction and analysis of their shapes and policy significance of the curve 摘要本文在介绍分析菲利普斯曲线三种形态及其政策含义的基础上,使用中国的相关数据对其进行验证。
For example , robert gorton ( 1970 , 1975 , 1978 ) estimated the american phillips curves under this assumption . due to the uncertainty of the estimates of phillips curves , the issue whether or not phillips curves can provide guidance for macroeconomic policy makers is now being argued 在这一章里,确定了通货膨胀率序列的单位根过程,估计了通货膨胀压力的门限自回归方程,证实了价格调整非对称的存在,同时也证明了中国菲利普斯曲线的非对称。
They began to investigate the empirical evidence of non - linearity and its policy implications . laxton , meredith and rose ( 1994 ) , turner ( 1995 ) , clark , laxton and rose ( 1996 ) , debelle and laxton ( 1997 ) researched the one form of phillips curves ’ non - linearity ? convexity . basing on the above all researches , this paper discusses another form of non - linearity - - - the asymmetric price adjustment and the asymmetric phillips curves 第四章是本文的结论部分,对于非对称的价格调整和非对称的菲利普斯曲线的成因进行了分析,认为与菜单成本相联系的粘性价格是导致非对称性的主要原因,而价格调整的非对称性和菲利普斯曲线的非对称性是导致货币政策非对称的一个重要因素。
In economics, the Phillips curve is a historical inverse relationship between the rate of unemployment and the rate of inflation in an economy. Stated simply, the lower the unemployment in an economy, the higher the rate of inflation.