Japan's Phillips Curve Looks Like Japan
过去15年日本经历高失业和低通胀，研究表明这些现象是稳定菲利普斯曲线的一部分，可预测。
During the past 15 years Japan has experienced unprecedented, high unemployment rates and low (often negative) inflation rates. This research shows that these outcomes were predictable as part of a stable, readily recognized Phillips curve.