Monday, October 1, 2007

Recommended Reading on the Phillips Curve

Inflation and Unemployment: A Layperson's Guide to the Phillips Curve (pdf)
by Jeffrey Lacker and John Weinberg,
FRB-Richmond Economic Quarterly,
Summer 2007

Implications of Behavioral Economics for Monetary Policy
Speech by Janet Yellen,
FRB- San Francisco,
Sept 28, 2007

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