**Mathematics and The Phillips Curve**

There are at least two different mathematical derivations of the Phillips curve. First, there is the traditional or Keynesian version. Then, there is the new Classical version associated with Robert E. Lucas, Jr..

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### Other articles related to "mathematics and the phillips curve, the phillips curve, curve":

**Mathematics and The Phillips Curve**- New Classical Version

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**The Phillips curve**equation can be derived from the (short-run) Lucas aggregate supply function ... This means that in the Lucas aggregate supply

**curve**, the only reason why actual real GDP should deviate from potentialâ€”and the actual unemployment rate ... This differs from other views of

**the Phillips curve**, in which the failure to attain the "natural" level of output can be due to the imperfection or incompleteness of markets, the stickiness of prices, and the ...

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“And out again I *curve* and flow

To join the brimming river,

For men may come and men may go,

But I go on forever.”

—Alfred Tennyson (1809–1892)

“... though *mathematics* may teach a man how to build a bridge, it is what the Scotch Universities call the humanities, that teach him to be civil and sweet-tempered.”

—Amelia E. Barr (1831–1919)

“We live under a government of men and morning newspapers.”

—Wendell *Phillips* (1811–1884)

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