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What does Phillips Curve mean?

An economic concept stating that inflation and unemployment have a stable and inverse relationship.

Phillips Curve in a sentence
The traditional Phillips Curve suggests an inverse relationship between rates of unemployment and inflation.

Phillips Curve in German, French, Spanish and Italian

German
Phillips-Kurve

Theorie, dass höhere Inflation zu geringerer Arbeitslosigkeit führt (kurzfristig).

French
Courbe de Phillips

Relation inverse entre le taux de chômage et l'inflation.

Spanish
Curva de Phillips

Gráfico que muestra la relación inversa entre inflación y desempleo.

Italian
Curva di Phillips

Relazione inversa tra il tasso di inflazione e il tasso di disoccupazione.

Common phrases with Phillips Curve

  • stable relationship phillips curve
  • inverse phillips curve
  • inflation phillips curve

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