The impact of the inflation and unemployment values from the previous period on the Phillips curve
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F12%3APU98438" target="_blank" >RIV/00216305:26510/12:PU98438 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The impact of the inflation and unemployment values from the previous period on the Phillips curve
Original language description
The article deals with formulation of a dynamical 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. The original classic model of therelationship between the rate of inflation and the rate of unemployment which led to the Phillips curve has been replaced, in this article, by a new model expressing the real economic situation more precisely while respecting the influence of the historyof the factors taken into account using so-called delay differential equations. The article also looks into the impact of the delay intervals length and the impact of inflation and unemployment values from the previous period.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
The 7th International Scientific Conference Business and Management 2012
ISBN
978-609-457-116-9
ISSN
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e-ISSN
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Number of pages
12
Pages from-to
147-155
Publisher name
Vilnius Gediminas Technical University Press Technika
Place of publication
Vilnius
Event location
Vilnius
Event date
May 10, 2012
Type of event by nationality
CST - Celostátní akce
UT code for WoS article
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