TY - GEN N2 - This book takes us through the journey of the Phillips Curve to the present debate, dominated by the post-great recession puzzles and the challenges to the fundamental stable relationship between inflation and economic slack. Liviu makes an insightful contribution to the discussion and to our understanding of inflation dynamics by introducing the concept of cumulative wage gap as a measure of slack. Luis de Guindos, Vice President European Central Bank. DO - 10.1007/978-3-030-55045-5 DO - doi AB - This book takes us through the journey of the Phillips Curve to the present debate, dominated by the post-great recession puzzles and the challenges to the fundamental stable relationship between inflation and economic slack. Liviu makes an insightful contribution to the discussion and to our understanding of inflation dynamics by introducing the concept of cumulative wage gap as a measure of slack. Luis de Guindos, Vice President European Central Bank. T1 - Defensive expectations :reinventing the Phillips curve as a policy mix / AU - Voinea, Liviu, CN - HD5710.2 ID - 1433257 KW - Phillips curve. KW - Economic policy. KW - Macroeconomics. KW - Microeconomics. KW - Economics. KW - Courbe de Phillips. KW - Politique économique. KW - Macroéconomie. KW - Microéconomie. KW - Économie politique. SN - 9783030550455 SN - 3030550451 TI - Defensive expectations :reinventing the Phillips curve as a policy mix / LK - https://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-030-55045-5 UR - https://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-030-55045-5 ER -