"Phillips Curve" in selected ASEAN countries : new evidence from panel data analysis

This paper uses panel data analysis to analyse the relationship between the unemployment rate and the inflation rate in five ASEAN countries (i.e. Malaysia, Singapore, Indonesia, Thailand and the Philippines). Since the trade-off relationship between employment and wage inflation rate in the United...

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Main Authors: Furuoka, Fumitaka *, Munir, Qaiser
Format: Article
Language:English
Published: Sunway University College 2009
Subjects:
Online Access:http://eprints.sunway.edu.my/65/1/PHILLIPS_CURVE_IN_SELECTED_ASEAN_COUNTRIES.pdf
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spelling my.sunway.eprints.652019-05-10T08:26:40Z http://eprints.sunway.edu.my/65/ "Phillips Curve" in selected ASEAN countries : new evidence from panel data analysis Furuoka, Fumitaka * Munir, Qaiser HB Economic Theory HC Economic History and Conditions HD Industries. Land use. Labor This paper uses panel data analysis to analyse the relationship between the unemployment rate and the inflation rate in five ASEAN countries (i.e. Malaysia, Singapore, Indonesia, Thailand and the Philippines). Since the trade-off relationship between employment and wage inflation rate in the United Kingdom was pointed out by William Phillips in 1958, this hypothesis of the ?Phillips Curve? remains an important foundation for macroeconomics. The main findings from the panel data analysis are that there is no trade-off relationship between the unemployment rate and the inflation rate in these ASEAN countries Sunway University College 2009 Article PeerReviewed text en http://eprints.sunway.edu.my/65/1/PHILLIPS_CURVE_IN_SELECTED_ASEAN_COUNTRIES.pdf Furuoka, Fumitaka * and Munir, Qaiser (2009) "Phillips Curve" in selected ASEAN countries : new evidence from panel data analysis. Sunway Academic Journal, 6. pp. 89-102. http://sunway.edu.my/media/academic-journal
institution Sunway University
building Sunway Campus Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Sunway University
content_source Sunway Institutional Repository
url_provider http://eprints.sunway.edu.my/
language English
topic HB Economic Theory
HC Economic History and Conditions
HD Industries. Land use. Labor
spellingShingle HB Economic Theory
HC Economic History and Conditions
HD Industries. Land use. Labor
Furuoka, Fumitaka *
Munir, Qaiser
"Phillips Curve" in selected ASEAN countries : new evidence from panel data analysis
description This paper uses panel data analysis to analyse the relationship between the unemployment rate and the inflation rate in five ASEAN countries (i.e. Malaysia, Singapore, Indonesia, Thailand and the Philippines). Since the trade-off relationship between employment and wage inflation rate in the United Kingdom was pointed out by William Phillips in 1958, this hypothesis of the ?Phillips Curve? remains an important foundation for macroeconomics. The main findings from the panel data analysis are that there is no trade-off relationship between the unemployment rate and the inflation rate in these ASEAN countries
format Article
author Furuoka, Fumitaka *
Munir, Qaiser
author_facet Furuoka, Fumitaka *
Munir, Qaiser
author_sort Furuoka, Fumitaka *
title "Phillips Curve" in selected ASEAN countries : new evidence from panel data analysis
title_short "Phillips Curve" in selected ASEAN countries : new evidence from panel data analysis
title_full "Phillips Curve" in selected ASEAN countries : new evidence from panel data analysis
title_fullStr "Phillips Curve" in selected ASEAN countries : new evidence from panel data analysis
title_full_unstemmed "Phillips Curve" in selected ASEAN countries : new evidence from panel data analysis
title_sort "phillips curve" in selected asean countries : new evidence from panel data analysis
publisher Sunway University College
publishDate 2009
url http://eprints.sunway.edu.my/65/1/PHILLIPS_CURVE_IN_SELECTED_ASEAN_COUNTRIES.pdf
http://eprints.sunway.edu.my/65/
http://sunway.edu.my/media/academic-journal
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score 13.211869