Fun fact, the Phillips curve for Japan sure looks a lot like Japan: http://qed.econ.queensu.ca/working_papers/papers/qed_wp_1083... See also the wage inflation/unemployment relationship.…
Fun fact, the Phillips curve for Japan sure looks a lot like Japan: http://qed.econ.queensu.ca/working_papers/papers/qed_wp_1083... See also the wage inflation/unemployment relationship.…