Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Entire DC Network
The Flattening Of Japan’S Phillips Curve: An Unemployment Rate Analysis, Hannah Kojima
The Flattening Of Japan’S Phillips Curve: An Unemployment Rate Analysis, Hannah Kojima
Economics Student Theses and Capstone Projects
This paper examines the causes behind the flattening of the Japanese Phillips curve by analyzing the unemployment rate measure, and its role in the flattening of the curve. This paper will utilize the actual Japanese unemployment rates from 2002 through 2019, as well as estimate an alternative unemployment rates that takes into consideration discouraged workers. In my study, I recreate the Phillips curve using these two measures of unemployment, as well as implement a simple OLS regression to understand the slopes of each Phillips curves. I will also utilize the Weintraub equation in order to theorize factors that may be …