Phillips curve
Britishnoun
Etymology
Origin of Phillips curve
C20: named after A. W. H. Phillips (1914–75), New Zealand economist who formulated the theory
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The Phillips curve also depends on an accurate reading of unemployment.
From Los Angeles Times • Sep. 30, 2022
Previously, economists have depicted this as the Phillips curve, named for economist A. William Phillips.
From Washington Post • Jun. 12, 2022
But that so-called Phillips curve relationship hasn’t been working the way many Fed officials have come to expect.
From The Wall Street Journal • Sep. 18, 2016
It may also show to what extent the Fed still relies on the theory of an unemployment-inflation trade-off commonly known as the Phillips curve.
From Reuters • Nov. 25, 2015
In the late 1960s, there was considerable empirical support for the Phillips curve; it was regarded as one of the more stable relations in economics.
From Definition & Reality in the General Theory of Political Economy by Colignatus, Thomas
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
