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Adrian Roberts

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Novice freelance writer. Native English speaker from the UK. Business student living, studying, and working abroad. Interests include coffee, languages, and travel.

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What Is the Phillips Curve and Why Does It Matter?

What is the correlation between inflation and unemployment? This macroeconomic theory of the Phillips Curve has, in the past, shown an inverse correlation between inflation and unemployment, but what kind of signals does this send to individuals and firms? Furthermore, this article explores some of the recent problems with relying too much on the Phillips Curve as an indication of the labour market. | Read More →

Words: 744   Downloads: 0   Category: Social Sciences   By: Adrian Roberts
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