Abstract
The negative coalition between unemployment and inflation is known as Phillips Curve
because William Phillips introduced the trade-off relationship between these two variables in
1985. For many years, the Phillips Curve has been an important mechanism for macroeconomic
policy formulators in many countries. Considering the fact that the majority of the research on
Phillips Curve have been done in the context of the developed economies, this study focuses
in Malaysia and aims to empirically analyse the relationship between unemployment rate and
inflation rate in a developing country. The main finding of the current inquiry is that there
existed an equilibrium relationship between unemployment rate and inflation rate in Malaysia.
The results of this study will support the validity of the Phillips Curve hypothesis.
Metadata
Item Type: | Student Project |
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Creators: | Creators Email / ID Num. Roselim, Mohammad Shazwan 2016673744 |
Subjects: | H Social Sciences > HB Economic Theory. Demography > Economics H Social Sciences > HB Economic Theory. Demography > Demographic surveys H Social Sciences > HC Economic History and Conditions > Poor. Poverty H Social Sciences > HG Finance > Money > Money and prices. Inflation. Deflation. Purchasing power |
Divisions: | Universiti Teknologi MARA, Sabah > Kota Kinabalu Campus > Faculty of Business and Management |
Programme: | Bachelor of Business Administration (Hons.) Economics |
Keywords: | Unemployment rate; Inflation rate; Developing country |
Date: | June 2019 |
URI: | https://ir.uitm.edu.my/id/eprint/41958 |
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