Phillips Curve - Mathematics and The Phillips Curve

Mathematics and The Phillips Curve

There are at least two different mathematical derivations of the Phillips curve. First, there is the traditional or Keynesian version. Then, there is the new Classical version associated with Robert E. Lucas, Jr..

Read more about this topic:  Phillips Curve

Famous quotes containing the words mathematics and, mathematics, phillips and/or curve:

    I must study politics and war that my sons may have liberty to study mathematics and philosophy.
    John Adams (1735–1826)

    ... though mathematics may teach a man how to build a bridge, it is what the Scotch Universities call the humanities, that teach him to be civil and sweet-tempered.
    Amelia E. Barr (1831–1919)

    Hollywood is a place that attracts people with massive holes in their souls.
    —Julia Phillips (b. 1945)

    And out again I curve and flow
    To join the brimming river,
    For men may come and men may go,
    But I go on forever.
    Alfred Tennyson (1809–1892)