RELATIONSHIP BETNJEEN INFLATION AND UNEMPLOYMENT MACRO MODEL
Journal Title: Acta Economica - Year 2005, Vol 3, Issue 3
Abstract
In this paper we consider quantitative relation between two microeconomic categories: unemployment and inflation. Or, subject of research is macro-economic model which has who variables (unemployment and inflation). In economic literature relation between quoted variables known as Phillips →s model. Therefore, base of quoted quantitative relation is that model, with expedition. In the article we derived solutions of the noted models.
Authors and Affiliations
Ratko Kravarušić, PhD, Stanko Stanić
Keywords
Related Articles
- EP ID EP43574
- DOI -
- Views 273
- Downloads 0
The companies’ appraisal in terms of inactive capital market
In the inactive capital market value of company is not easy to determine. It is evident that in the case of inactive markets, the process of input determination for assessing the value is more complicated, and the value...
The Importance and Opportunities of Autonomous Industrial Policy Management in the Context of European Integration
After a long period in which industrial policy was in a kind of scientific exile, it is once again in the center of interest both to the academic and general public. The last crisis, due to the nature of the causes that...
The Financial Consequences of Business Growth
A typical business plan for a new business focuses upon sales, expenses and profits. Can the new business produce enough sales to exceed fixed and variable expenses and make a profit. If the answer is yes, then the decis...
ТHE FINANCIAL APPRAISAL OF THE FOREIGN INVESTMENT PROJECTS
Considering global trends in the business world and growing extroversion of the world economies, today's enterprises are faced with the inevitability of investing abroad. Majority of multinational companies set up subsid...
Openness of Small Transitional Economies – Revised Analysis after the Global Economic Crisis
The influence of the economy’s openness on overall economic growth and development is a widely explored topic among economists with still unclear conclusions. They mainly stem from different ways of measuring the degree of...