Hydraulic macroeconomics and Phillips curve

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Hydraulic macroeconomics and Phillips curve

Hydraulic macroeconomics vs. Phillips curve

Hydraulic macroeconomics is an informal characterization of certain types of macroeconomic study assuming aggregate social wealth (demand or supply) as somewhat smooth, constant and homogeneous. The Phillips curve is a single-equation empirical model, named after William Phillips, describing a historical inverse relationship between rates of unemployment and corresponding rates of rises in wages that result within an economy.

Similarities between Hydraulic macroeconomics and Phillips curve

Hydraulic macroeconomics and Phillips curve have 5 things in common (in Unionpedia): Economica, Irving Fisher, Keynesian economics, MONIAC, William Phillips (economist).

Economica

Economica is a peer-reviewed academic journal of generalist economics published on behalf of the London School of Economics by Wiley-Blackwell.

Economica and Hydraulic macroeconomics · Economica and Phillips curve · See more »

Irving Fisher

Irving Fisher (February 27, 1867 – April 29, 1947) was an American economist, statistician, inventor, and Progressive social campaigner.

Hydraulic macroeconomics and Irving Fisher · Irving Fisher and Phillips curve · See more »

Keynesian economics

Keynesian economics (sometimes called Keynesianism) are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced by aggregate demand (total demand in the economy).

Hydraulic macroeconomics and Keynesian economics · Keynesian economics and Phillips curve · See more »

MONIAC

The MONIAC (Monetary National Income Analogue Computer) also known as the Phillips Hydraulic Computer and the Financephalograph, was created in 1949 by the New Zealand economist Bill Phillips (William Phillips) to model the national economic processes of the United Kingdom, while Phillips was a student at the London School of Economics (LSE).

Hydraulic macroeconomics and MONIAC · MONIAC and Phillips curve · See more »

William Phillips (economist)

Alban William Housego "A.

Hydraulic macroeconomics and William Phillips (economist) · Phillips curve and William Phillips (economist) · See more »

The list above answers the following questions

What Hydraulic macroeconomics and Phillips curve have in common
What are the similarities between Hydraulic macroeconomics and Phillips curve

Hydraulic macroeconomics and Phillips curve Comparison

Hydraulic macroeconomics has 13 relations, while Phillips curve has 81. As they have in common 5, the Jaccard index is 5.32% = 5 / (13 + 81).

References

This article shows the relationship between Hydraulic macroeconomics and Phillips curve. To access each article from which the information was extracted, please visit:

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