The Micro Theory of the Phillips Curve Reconsidered: A Reply to Holmes and Smyth.
In this article, the author replies to comments made on the development of satisfactory micro underpinnings of the Phillips curve by J.M. Holmes and D.J. Smyth. The notion that every set of disequilibrium transactions must be determined by an intersection of demand and supply curves is contrary to t...
| Publicado en: | Economica Vol. 41; no. 161; pp. 62 - 71 |
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| Formato: | Artículo |
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Wiley-Blackwell
Feb74
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| Acceso en línea: | Ver este registro en EBSCOhost |