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Federal Reserve Bank of Richmond's 2006 Annual Report Features 'Inflation and Unemployment: A Layperson's Guide to the Phillips Curve'.

Publication: PR Newswire
Publication Date: 22-JUN-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
RICHMOND, Va., June 22 /PRNewswire/ -- Today the Federal Reserve Bank of Richmond released its 2006 Annual Report, which features an examination of the relationship between economic growth and inflation, as illustrated by the history of the Phillips curve.

In "Inflation and Unemployment: A Layperson's Guide to the Phillips Curve," Richmond Fed President Jeffrey M. Lacker and Senior Vice President and Director of...

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