Phillips curves
Phillips curves is the plural of Phillips curve.
Meaning of Phillips curve
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
Questions about Phillips curves
- What is Phillips curves the plural of?
- Phillips curves is the plural of Phillips curve.
Words near Phillips curves in the dictionary
Source and license
Adapted from Wiktionary: Phillips curves (page history and authors); Phillips curve (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 curves.” Word.ws, https://word.ws/phillips_curves. Based on Wiktionary, CC BY-SA 4.0.
