7/24/10

Mechanics of Inflation and Unemployment

Our monograph "Economics as Classical Mechanics" is under preparation.
We have compiled a draft version of Section 2.1 of Chapter 2 titled "Mechanics of Inflation and Unemployment". The interested reader may find Section 2.1 in pdf format here.

The contents:

2.1. Inflation, unemployment and labour force in the uSA
2.1.1. The (anti-) Phillips curve
2.1.2. Is labour force driving?
2.1.3. The model and data improvement
2.1.4. Forecasting inflation
2.1.5. Discussion

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