Japan’s Phillips Curve Looks Like Japan

No idea how I missed this, I am in awe at this finding: Japan’s Phillips curve looks like Japan. Suddenly all of economics is put in a new Rorschach-ian light.

Japan phillipps

Japan

Source: Smith, G. Japan’s Phillips Curve Looks Like Japan. Gregor Smith. Queen’s Economics Department Working Paper No. 1083, Queen’s University

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