Paul Krugman

@paulkrugman ↗

Deleted No

Hibernated Yes

Last Checked Nov. 21, 2022

Created

Tue Jul 28 18:47:26 +0000 2020

Likes

312

Retweets

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Paul Krugman @paulkrugman

I'm well aware that there are some conceptual issues with this curve, and also that these days it's hard to find in US data. But there must be some effect of labor market tightness on inflation; clearly visible in countries with more extreme variation (SP's GDP deflator) 4/ https://t.co/PwuX0fLvl4 — PolitiTweet.org

Posted July 28, 2020 Hibernated

Preceded By

Paul Krugman @paulkrugman

A good starting point is the Phillips curve: the hypothetical tradeoff between unemployment and inflation 3/ https://t.co/y5TB5UQflc — PolitiTweet.org

Posted July 28, 2020 Hibernated

Followed By

Paul Krugman @paulkrugman

So, where do we find ourselves on that curve? It could be a policy choice, e.g., the Fed sets policy to achieve its inflation target. But maybe policymakers can't or won't do enough to assure adequate demand. In that case, the level of demand sets unemployment 5/ https://t.co/Q476akItjL — PolitiTweet.org

Posted July 28, 2020