This post offers a framework for thinking about the effect of tariffs on major asset class returns by estimating asset ...

Much Fed and commentator thinking relies on the Phillips curve. It's the central way interest rates affect inflation, in conventional thinking. High interest rates raise real interest rates lower ...

The Phillips Curve degenerated into the idea that the 1970s inflation problem had something to do with — too much demand for labor, goods and services. They called it a “wage-price spiral ...

Jason Furman errs in relying on a supposed Phillips curve trade-off between inflation and unemployment in his op-ed “The Fed Can Take Its Time Taming Inflation” (June 17). A plot of inflation ...

They keep shoveling out the dumbest economic concept of all time: the Phillips Curve. This was the lame-brained "theory" by neo-Keynesian economists of the 1960s and 1970s that to slow inflation ...

Story, remarked that leaders at the Federal Reserve and Treasury would never succeed until they disabused themselves of the Phillips curve, which he called “a pretty idea with no grounding in ...

Sponsor Message On today's show, how the Phillips Curve was born, why it went mainstream, and why universal truths remain elusive in macroeconomics. This episode was hosted by Willa Rubin and Nick ...

So Phillips lands at the London School of Economics. And then one day, back in 1957... LIPSEY: He came back with this drawing. And here it is, here's the curve. RUBIN: A curve. Phillips had pored ...

Most of the other functions are regulatory. The choice between the twin mandates are meant to be expressed in the Phillips curve. The Fed and the economic establishment relies on the Phillips ...

A decomposition of wage dynamics using a wage Phillips curve suggests that nominal wage growth normally stabilizes at levels that are consistent with observed inflation and labor market tightness.

Despite the fulmination of pro-inflation Democrats like Sens. Elizabeth Warren (D-MA) and Bernie Sanders (I-VT), the Phillips curve positing a trade-off between unemployment and inflation is a ...