Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/162106
Authors: 
Ruiz Estrada, Mario Arturo
Yap, Su-Fei
Ismail, Noor Azina Binti
Year of Publication: 
2017
Citation: 
[Journal:] Contemporary Economics [ISSN:] 2300-8814 [Volume:] 11 [Year:] 2017 [Issue:] 1 [Pages:] 67-90
Abstract: 
This article explores the possibility of visualizing the Phillips curve from a multidimensional perspective. We use a new multidimensional coordinate space, the mega-dynamic disks multivariable random coordinate space in vertical position, which visualizes the graphical behavior of the Phillips curve from a multidimensional point of view. We take A. W. Phillips's original paper published in Economica in 1958, 'The Relation between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861-1957,' as our main bibliographical reference. The same paper also serves as our main database for transforming the original Phillips curve into a multidimensional graphical form. In essence, our paper extends the significance of the Phillips curve beyond mere theory to serve as a practical instrument for solving economic problems.
Subjects: 
Inflation
Unemployment
Phillips curve
Multidimensional coordinate spaces
Econographicology
JEL: 
Y20
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/4.0/
Document Type: 
Article

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