TY  - GEN
ID  - cogprints6297
UR  - http://cogprints.org/6297/
A1  - Situngkir, Hokky
TI  - The Global and Local in Phillips Curve

Y1  - 2008/11/07/
N2  - The debate over the Phillips Curve - as the relation between level of unemployment rate and inflation rate - in historical economics is shortly reviewed. By using the analysis in the Extreme Value Theory, i.e.: the rank order statistics the unemployment and inflation data over countries from various regions are observed. The calculations brought us to conjecture that there exists the general pattern that could lead from the relation between unemployment and inflation rate. However, the difference patterns as observed in the Phillips Curve might could be reflected from the range of values of the local variables of the incorporated model.

AV  - public
KW  - rank order statistics
KW  -  phillips curve
KW  -  inflation
KW  -  unemployment rate.
ER  -

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