Application of Delay Differential Equations in the Model of the Relationship Between Unemployment and Inflation

<strong>Purpose of the article</strong>: The article deals with a formulation of the dynamic model which expresses the relationship between the rate of inflation and the rate of unemployment more accurately and which has become to be known as the Phillips curve. <strong>Methodolog...

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Bibliographic Details
Main Author: Veronika Novotná
Format: Article
Language:ces
Published: Faculty of Business and Management 2013-10-01
Series:Trendy Ekonomiky a Managementu
Subjects:
Online Access:https://trends.fbm.vutbr.cz/index.php/trends/article/view/94