ScholarLens Back to search
2016•International journal of research in social sciencesRequires access

Philips Curve and Indian Experience

Babasaheb R Jadhav

Open publisher page 0 citations

Abstract

This research paper revisits the empirical existence of the Phillips curve in the Indian context. To estimate the Phillips curve we need two variables-Inflation Rate and the Unemployment Rate. Empirical evidence is obtained from the annual data collected from various sources. Empirical results are obtained by using the statistical test which is Correlation Coefficient. The experimental result shows there is a negative relationship between Inflation and Unemployment in Indian Context. So the Phillips curve is present in the Indian Economy.

About this research paper

What this paper is about

This research paper revisits the empirical existence of the Phillips curve in the Indian context. To estimate the Phillips curve we need two variables-Inflation Rate and the Unemployment Rate. Empirical evidence is obtained from the annual data collected from various sources. Empirical results are obtained by using the statistical test which is Correlation Coefficient. The experimental result shows there is a negative relationship between Inflation and Unemployment in Indian Context. So the Phillips curve is present in the Indian Economy.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

This research paper revisits the empirical existence of the Phillips curve in the Indian context. To estimate the Phillips curve we need two variables-Inflation Rate and the Unemployment Rate. Empirical evidence is obtained from the annual data collected from various sources. Empirical results are obtained by using the statistical test which is Correlation Coefficient. The experimental result shows there is a negative relationship between Inflation and Unemployment in Indian Context. So the Phillips curve is present in the Indian Economy.

Key concepts: Phillips curve, Context (archaeology), Unemployment, Econometrics, Inflation (cosmology), Economics, Empirical evidence, Inflation rate

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
Philips Curve and Indian Experience — Research Paper | ScholarLens