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2017-08-24

Discussions around the death of the Phillips curve could dominate the Jackson Hole symposium.

https://www.cnbc.com/2017/08/24/at-jackson-hole-the-death-of-this-major-economic-model-may-concern-central-bankers.html

Nonsens.

If the economy takes off above Stall Speed the Philips Curve will be back.

What is the “stall speed” of an economy?
Unemployment tends to rise when GDP growth falls below about 2.5-3 per cent
Gavyn Davies blog June 15, 2011

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