Title of article
Is the Phillips Curve Stable for Malaysia? New Empirical Evidence
Author/Authors
TANG, Chor Foon Media Utara Resources, Malaysia , LEAN, Hooi Hooi Universiti Sains Malaysia - School of Social Sciences, Malaysia
From page
95
To page
105
Abstract
The objective of this study is to investigate the stability of trade-off Phillips curve in Malaysia. The sample covers annual data from 1970 to 2005. This study finds that trade-off Phillips curve exists in Malaysia for both short run and long run. Furthermore, there is a stable long-run tradeoff relationship between the inflation and unemployment rates in Malaysia.
Keywords
Cointegration , inflation , unemployment , Phillips curve JEL Classification: COI , E24 , E31
Journal title
Malaysian Journal of Economic Studies
Journal title
Malaysian Journal of Economic Studies
Record number
2571809
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