The paper calculates the dynamic philips curve and argues that the effect of the output gap on price tends to decline, i. e. , the slope of philips curve is becoming smaller.

本文测算了我国菲利普斯曲线的动态变化，得出了产出缺口的变动对物价的影响基本呈现稳定的下降趋势的结论，即菲利普斯曲线逐渐变得平缓。

youdao

Like the Philips Curve, promoting exports by debasing the currency effectively pokes the pendulum.

FORBES: You Call It Inflation, I Call It Theft

Prior to Friedman's Philips Curve research, generally accepted wisdom held that an economy could essentially choose how to trade off inflation with unemployment.

FORBES: Milton Friedman Dies

Friedman is also noted for developing the Philips Curve, an economic model that noted the inverse relationship between the rates of unemployment and inflation.

FORBES: Milton Friedman Dies