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The Challenge of Application of Phillips Curve: The Case of Croatia

Ivo Družić ; University of Zagreb, Faculty of Economics and Business, Zagreb, Croatia
Josip Tica ; University of Zagreb, Faculty of Economics and Business, Zagreb, Croatia
Ante Mamić ; BICRO – Business Innovation Centre of Croatia, Zagreb, Croatia

Puni tekst: engleski, pdf (83 KB) str. 45-59 preuzimanja: 264* citiraj
APA 6th Edition
Družić, I., Tica, J. i Mamić, A. (2006). The Challenge of Application of Phillips Curve: The Case of Croatia. Zagreb International Review of Economics & Business, SCI (1), 45-59. Preuzeto s https://hrcak.srce.hr/78588
MLA 8th Edition
Družić, Ivo, et al. "The Challenge of Application of Phillips Curve: The Case of Croatia." Zagreb International Review of Economics & Business, vol. SCI, br. 1, 2006, str. 45-59. https://hrcak.srce.hr/78588. Citirano 03.04.2020.
Chicago 17th Edition
Družić, Ivo, Josip Tica i Ante Mamić. "The Challenge of Application of Phillips Curve: The Case of Croatia." Zagreb International Review of Economics & Business SCI, br. 1 (2006): 45-59. https://hrcak.srce.hr/78588
Harvard
Družić, I., Tica, J., i Mamić, A. (2006). 'The Challenge of Application of Phillips Curve: The Case of Croatia', Zagreb International Review of Economics & Business, SCI(1), str. 45-59. Preuzeto s: https://hrcak.srce.hr/78588 (Datum pristupa: 03.04.2020.)
Vancouver
Družić I, Tica J, Mamić A. The Challenge of Application of Phillips Curve: The Case of Croatia. Zagreb International Review of Economics & Business [Internet]. 2006 [pristupljeno 03.04.2020.];SCI(1):45-59. Dostupno na: https://hrcak.srce.hr/78588
IEEE
I. Družić, J. Tica i A. Mamić, "The Challenge of Application of Phillips Curve: The Case of Croatia", Zagreb International Review of Economics & Business, vol.SCI, br. 1, str. 45-59, 2006. [Online]. Dostupno na: https://hrcak.srce.hr/78588. [Citirano: 03.04.2020.]

Sažetak
In this paper hypothesis of relation between unemployment and the rate of change in prices is tested in Croatia with data spanning from 1962 to 2004. Empirical test is designed with a goal of testing the original Phillips curve developed by A. W. Phillips and adaptive expectation augmented Phillips curve designed by Edmund S. Phelps. Since both these versions of the relationship were designed for the US economy, authors suggest a new theory of accommodation through insolvency for the Croatian economy.

Ključne riječi
the Phillips curve; insolvency; transition; Croatia

Hrčak ID: 78588

URI
https://hrcak.srce.hr/78588

Posjeta: 494 *