RELATIONSHIP BETWEEN INFLATION AND UNEMPLOYMENT MACRO MODEL Cover Image

РЕЛАЦИЈА ИЗМЕЂУ ИНФЛАЦИЈЕ И НЕЗАПОСЛЕНОСТИ МАКРО МОДЕЛ
RELATIONSHIP BETWEEN INFLATION AND UNEMPLOYMENT MACRO MODEL

Author(s): Ratko Kravarušić, Stanko Stanić
Subject(s): Supranational / Global Economy, Micro-Economics, Economic history, Economic policy, Economic development, Socio-Economic Research
Published by: Економски факултет Универзитета у Бањој Луци
Keywords: macro-economic model; inflation; unemployment; differential equation;

Summary/Abstract: In this paper we consider quantitative relation between two microeconomic categories: unemployment and inflation. Or, subject of research is macro-economic model which has who variables (unemployment and inflation). In economic literature relation between quoted variables known as Phillips ?s model. Therefore, base of quoted quantitative relation is that model, with expedition. In the article we derived solutions of the noted models.

  • Issue Year: 3/2003
  • Issue No: 3
  • Page Range: 9-20
  • Page Count: 12
  • Language: Bosnian, Croatian, Serbian