Tortilla Jesus! Grilled cheese Virgin Mary! Cinnamon bun Mother Teresa! It's a miracle! (probably plotted by the Invisible Hand)
I see that it's funny. On the other hand, Japan really has a valid and nice Phillips curve. Check if you have some doubtshttp://inflationusa.blogspot.com/2007/10/exact-prediction-of-inflation-and_27.html
Over at Marginal Revolution, I found the original source:http://www.econ.queensu.ca/working_papers/papers/qed_wp_1083.pdf
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Tortilla Jesus! Grilled cheese Virgin Mary! Cinnamon bun Mother Teresa! It's a miracle! (probably plotted by the Invisible Hand)
I see that it's funny.
On the other hand, Japan really has a valid and nice Phillips curve.
Check if you have some doubts
http://inflationusa.blogspot.com/2007/10/exact-prediction-of-inflation-and_27.html
Over at Marginal Revolution, I found the original source:
http://www.econ.queensu.ca/working_papers/papers/qed_wp_1083.pdf
Post a Comment