Phillips Curve Analysis in United States, Germany, China, India, and South Africa

Siling Long

doi:10.47297/wspciWSP2516-252722.20200411

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Phillips Curve Analysis in United States, Germany, China, India, and South Africa

Volume 4, Issue 11

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Phillips Curve Analysis in United States, Germany, China, India, and South Africa
Phillips Curve Analysis in United States, Germany, China, India, and South Africa
Pompea College of Business, University of New Haven, West Haven 16,USA,CT065
Vol. 4, Issue 11, Pages: 170-180(2020)
DOI：10.47297/wspciWSP2516-252722.20200411
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SILING LONG. (2020). Phillips Curve Analysis in United States, Germany, China, India, and South Africa. Creativity and Innovation, 4(11), 170-180..
DOI：

SILING LONG. (2020). Phillips Curve Analysis in United States, Germany, China, India, and South Africa. Creativity and Innovation, 4(11), 170-180.. DOI： 10.47297/wspciWSP2516-252722.20200411.

摘要

Abstract

This study focuses on analyzing the relationship between unemployment and inflation

illustrating the Phillips Curve in the short-run and long-run

and comparing the Phillips Curve in different countries

especially in the United States

Germany

China

India

and South Africa. The conclusion is that the conventional Phillips Curve does not fit all the countries. There are existing country-specific differences in the relationship between the inflation rate and unemployment rate on account of different situations.