Ewolucja poglądów dotyczących związku inflacja-bezrobocie
Streszczenie
In this article the author describes the evolution of theoretical
views appearing in Western economy on the relationship between
inflation and unemployment, and makes an attempt at commenting
on and evaluating basic points of controversy against the background of the present economic problems faced by higly-developed
capitalist states.
There is discussed the concept based on the so-called Phillip's
curve with a special emphasis laid on its theoretical and
practical significance, - and the hypothesis of "natural unemployment
rate", which while constituting the nert interpretation of
the inflation-unemployaent relationship, is deeply rooted in the
neo-classical theory. As a kind of digression the author describes
the thesis presented by M. Friedman in 1976 about a positive
correlation between the unemployment level and the Inflation rate.
The author perfores a confrontation of the main views on the
subject in question i. e. of the doctrine based on Phillip's curve,
considered today to be a counterpart of Keynes' theory of
wages and eaployment, and the natural concept of the unemployment
rate being a contemporary version of the position held by the neo-
-classical economy. A special attention is devoted to the fact that
both Keynes' and neo-classical approach to the unemployment and
full employment problems do not create a satisfactory framework
for analysis of significant phenomena occurring in the labour
market in capitalist states - and namely creation of a substantial
unemployment margin of structural character.
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