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"Phillips Curve for Advanced Economies on Period 1996-2007 - United States and Euro Area Case"
Eduardo G. Manuel

«We concluded that the true form of Phillips curve for short and long-run will not be verified always that exist equal evolution of their variables or for others words, always that inflation and unemployment rates growing to same direction, in both regions or in any region, the Phillips curve never will have their normal form and this just happen when inflation and unemployment rates growing for different directions (in the short-run) and when inflation rate is growing and unemployment doesn't (in the long-run).»

O que significa isto?