Lecture 7: The Phillips Curve - Intermediate Macroeconomics | Macroeconomics, Blanchard & Johnson
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- Опубликовано: 5 фев 2025
- Chapter 8 - Macroeconomics, by Olivier Blanchard & David Johnson
This video is from my Intermediate Macroeconomics class from Summer 2020.
The few minutes gives you a description of the history and evolution of the Phillips curve. Subsequently, this video discusses:
1. the relationship between Inflation, Expected Inflation, and Unemployment
2. the Phillips Curve and the wage-price spiral
3. the Expectations Augmented Phillips Curve
4. the The Phillips Curve and the Natural Rate of Unemployment
5. Okun's Law
6. Disinflation
7. High Inflation and Wage Indexation
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