"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...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Sunway University College
2009
|
| Subjects: | |
| Online Access: | http://eprints.sunway.edu.my/65/ http://eprints.sunway.edu.my/65/1/PHILLIPS_CURVE_IN_SELECTED_ASEAN_COUNTRIES.pdf |
| _version_ | 1848801736382218240 |
|---|---|
| author | Furuoka, Fumitaka * Munir, Qaiser |
| author_facet | Furuoka, Fumitaka * Munir, Qaiser |
| author_sort | Furuoka, Fumitaka * |
| building | SU Institutional Repository |
| collection | Online Access |
| 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 |
| first_indexed | 2025-11-14T21:12:12Z |
| format | Article |
| id | sunway-65 |
| institution | Sunway University |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T21:12:12Z |
| publishDate | 2009 |
| publisher | Sunway University College |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | sunway-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 |
| 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 |
| title | "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_short | "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 |
| topic | HB Economic Theory HC Economic History and Conditions HD Industries. Land use. Labor |
| url | http://eprints.sunway.edu.my/65/ http://eprints.sunway.edu.my/65/ http://eprints.sunway.edu.my/65/1/PHILLIPS_CURVE_IN_SELECTED_ASEAN_COUNTRIES.pdf |