Phillips curve
Phillips curve noun: a single-equation empirical model describing a historical inverse relationship between rates of unemployment and corresponding rates of inflation that result within an economy.
Noun
Phillips curve (plural Phillips curves)
- A single-equation empirical model describing a historical inverse relationship between rates of unemployment and corresponding rates of inflation that result within an economy.
- An explanation of stagflation is not an explanation at all unless it includes a general explanation of why a Phillips curve should have this or that slope, and why the curve shifts if it is alleged to shift.1982, Mancur Olson, The Rise and Decline of Nations, Yale University Press, →ISBN, page 192
Phillips curve meaning in Tamil
Phillips curve in Tamil
- பிலிப்ஸ் வரை
Forms of Phillips curve
| plural | Phillips curves |
|---|
Origin of Phillips curve
Named after New Zealand economist William Phillips (1914–1975).
Questions about Phillips curve
- What does Phillips curve mean?
- Phillips curve means a single-equation empirical model describing a historical inverse relationship between rates of unemployment and corresponding rates of inflation that result within an economy.
- What is Phillips curve in Tamil?
- Phillips curve in Tamil is பிலிப்ஸ் வரை. See Phillips curve meaning in Tamil.
- What part of speech is Phillips curve?
- Phillips curve is a noun.
- What is the plural of Phillips curve?
- The plural of Phillips curve is Phillips curves.
Words near Phillips curve in the dictionary
Source and license
Adapted from Wiktionary: Phillips curve (page history and authors); phillips curve (Tamil Wiktionary) (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “Phillips curve.” Word.ws, https://word.ws/phillips_curve. Based on Wiktionary, CC BY-SA 4.0.