BOOK
Yet more on misery: optimization along the short-run Phillips curve revisited, a comment on recent papers.: An article from: American Economist
John Golden
$5.95
About this product:
This digital document is an article from American Economist, published by Omicron Delta Epsilon on September 22, 1994. The length of the article is 1377 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: A new misery index as computed from the inflation rate and the unemployment rate is presented. The weighted misery index is derived from the sum of the subjective costs per percentage of the inflation rate and the unemployment rate factored with a constant marginal rate of substitution. A minimized equation of the misery index and subjected to the Phillips Curve also allows the optimal inflation rate to exceed the optimal unemployment rate.
Citation Details
Title: Yet more on misery: optimization along the short-run Phillips curve revisited, a comment on recent papers.
Author: John Golden
Publication: American Economist (Refereed)
Date: September 22, 1994
Publisher: Omicron Delta Epsilon
Volume: v38 Issue: n2 Page: p92(3)
Distributed by Thomson Gale