期刊名称：Zagreb International Review of Economics and Business
印刷版ISSN：1331-5609
出版年度：2006
卷号：SCI
期号：1
页码：45-59
出版社：Ekonomski fakultet Sveučilišta u Zagrebu
摘要：In this paper hypothesis of relation between unemployment and the rate of change in prices is tested in Croatia with data spanning from 1962 to 2004. Empirical test is designed with a goal of testing the original Phillips curve developed by A. W. Phillips and adaptive expectation augmented Phillips curve designed by Edmund S. Phelps. Since both these versions of the relationship were designed for the US economy, authors suggest a new theory of accommodation through insolvency for the Croatian economy.
