Extended Philips curve for the Indian economy

dc.contributor.author	Dholakia, Ravindra H.
dc.date.accessioned	2010-09-28T11:26:33Z
dc.date.available	2010-09-28T11:26:33Z
dc.date.copyright	1990
dc.date.issued	1990-09-28T11:26:33Z
dc.identifier.uri	http://hdl.handle.net/11718/9128
dc.description	Indian Economic Journal , Vol. 38, No. 1, (July-September 1990)	en
dc.description.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.
dc.language.iso	en	en
dc.subject	Phillips Curve	en
dc.subject	Indian Economy	en
dc.title	Extended Philips curve for the Indian economy	en
dc.type	Article	en