INFLATION - UNEMPLOYMENT TRADE-OFF IN INDIA

被引：0
|
作者：
Verma, Satish [1 ]
Deepali [2 ]
机构：
[1] Guru Nanak Dev Univ, Punjab Sch Econ, Amritsar, Punjab, India
[2] DAV Coll, Dept Econ, Jalandhar, India
来源：
GURUKUL BUSINESS REVIEW-GBR | 2008年 / 4卷
关键词：
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The present study is an attempt to examine the nature of relationship between the rate of inflation and the unemployment rate and to work out implications for formulation and operation of the macroeconomic policy in India. The hypothesis of Phillips-curve is examined in the present paper using the data for Indian economy over the period 1969-2005. The present study using the vector error correction model suggested a substantial trade-off between inflation and unemployment in India in long-run as well as in short run.
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页码：32 / 38
页数：7
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