phillips curve

  • 31Stagflation — is an economic situation in which inflation and economic stagnation occur simultaneously and remain unchecked for a period of time. cite book last = Blanchard first = Olivier title = Macroeconomics edition = 2nd ed. pages = p. G8 publisher =… …

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  • 32Nueva economía clásica — La Nueva economía clásica o Nueva macroeconomía clásica es una escuela del pensamiento macroeconómico que se basa principalmente en el análisis de la vertiente monetarista de la Economía neoclásica, especialmente tal como ese monetarismo fue… …

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  • 33Jeffrey Herbener — Jeffrey M. Herbener is an American economist of the Austrian School.Educational backgroundHerbener studied economics at Oklahoma State University where he was trained in what he describes as the mathematical ­neoclassical tradition. While… …

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  • 34Unemployment — World unemployment rates[1] as of January 2009[update] Unemployment (or …

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  • 35Natural rate of unemployment (monetarism) — The natural rate of unemployment (sometimes called the structural unemployment rate) is a concept of economic activity developed in particular by Milton Friedman and Edmund Phelps in the 1960s, both recipients of the Nobel prize in economics. In… …

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  • 36Lucas aggregate supply function — The Lucas aggregate supply function or Lucas surprise supply function, based on the Lucas imperfect information model, is a representation of aggregate supply based on the work of new classical economist Robert Lucas. The model states that… …

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  • 37Robert J. Gordon — Infobox Scientist name = Robert J. Gordon caption = birth date = birth date|1940|9|3|mf=y birth place = death date = death place = residence = nationality = field = Economics work institution = Northwestern University alma mater = MIT (PH.D.)… …

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  • 38Natural rate of unemployment — The natural rate of unemployment is a concept of economic activity developed in particular by Milton Friedman and Edmund Phelps in the 1960s. [Both are recipients of the Nobel prize in economics; Friedman in 1976 and Phelps in 2006. In both cases …

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  • 39Disinflation — Not to be confused with Deflation. Disinflation is a decrease in the rate of inflation – a slowdown in the rate of increase of the general price level of goods and services in a nation s gross domestic product over time. It is the opposite of… …

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  • 40Milton Friedman — Chicago School of Economics Born July 31, 1912(1912 07 31) Brooklyn, New York …

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