An empirical analysis of the Phillips Curve : A time series exploration of Germany
The purpose of the paper is to explore the relationship between inflation and unemployment in Germany during the period from 1970 to 2012. Through the methods of cointegration, dynamic OLS and an error correction model, this paper highlights that there is no short run negative relationship between i...
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Format: | Others |
Language: | English |
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Linnéuniversitetet, Institutionen för nationalekonomi och statistik (NS)
2013
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Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:lnu:diva-27177 |