The Mittag-Leffler Fitting of the Phillips Curve
In this paper, a mathematical model based on the one-parameter Mittag-Leffler function is proposed to be used for the first time to describe the relation between the unemployment rate and the inflation rate, also known as the Phillips curve. The Phillips curve is in the literature often represented...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2019-07-01
|
| Series: | Mathematics |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2227-7390/7/7/589 |