Working Paper
Money, inflation and sectoral shifts
Abstract: A presentation of a sectoral-shifts model with money that explains the short-run Phillips curve and predicts a long-run positive relationship between inflation and unemployment.
Keywords: Unemployment; Inflation (Finance); Monetary theory;
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1988
Number: 8814