Inertial inflation and the Phillips curve

Luiz Carlos Bresser-Pereira and Yoshiaki Nakano

Chapter 5 of Bresser-Pereira, Luiz Carlos and Yoshiaki Nakano, The Theory of Inertial Inflation. Boulder: Lynne Rienner Publishers, 1987: 109-116.


Inertial inflation is consistent with the Philips that shifts continuously to the right.

 


Fale conosco: ceciliaheise46@gmail.com