IIMA Institutional Repository
This Institutional Repository has been created to collect, preserve and distribute the scholarly output of Indian Institute of Management, Ahmedabad. This will work as an important tool to facilitate scholarly communication and preserve the institution knowledge. The Vikram Sarabhai Library is proud to be hosting the repository for the dissemination and preservation of this valuable knowledge resource of the IIMA community.
Please use this identifier to cite or link to this item:
http://hdl.handle.net/11718/9128| Title: | Extended Philips curve for the Indian economy |
| Authors: | Dholakia, Ravindra H. |
| Keywords: | Phillips Curve;Indian Economy |
| Issue Date: | 28-Sep-1990 |
| Abstract: | Growing volume of literature on the theoretical foundation of the celebrated Phillips curve has clearly established that the trade-off between inflation and unemployment is essentially a short-run phenomenon. Expectation augmented Phillips curve ensures that unemployment would remain at its natural rate irrespective of the rate of inflation in the long-term. This is because expectation formation about inflation makes the short run Phillips Curve an unstable Curve. |
| Description: | Indian Economic Journal , Vol. 38, No. 1, (July-September 1990) |
| URI: | http://hdl.handle.net/11718/9128 |
| Appears in Collections: | Journal Articles |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| extendedPhillipscurvefortheIndianeconomy_69 to 78.pdf Restricted Access | 5.38 MB | Adobe PDF | View/Open Request a copy |
Items in IIMA Institutional Repository are protected by copyright, with all rights reserved, unless otherwise indicated.