Word Pronunciation & Dictionary

phillips curve

Word Rarity Rare

Frequency: Zipf frequency 3.78 in modern English

Syllables: phillip-s curve
IPA

25

Scrabble Score

13

Letters

2

Syllables

10

Unique Chars

Meaning

noun

A single-equation empirical model describing a historical inverse relationship between rates of unemployment and corresponding rates of inflation that result within an economy.

Example Sentences

"An explanation of stagflation is not an explanation at all unless it includes a general explanation of why a Phillips curve should have this or that slope, and why the curve shifts if it is alleged to shift."

Etymology

Named after New Zealand economist William Phillips (1914–1975).

Inflected Forms

Phillips curves (plural)

Questions

What does phillips curve mean?: A single-equation empirical model describing a historical inverse relationship between rates of unemployment and corresponding rates of inflation that result within an economy.
Where does phillips curve come from?: Named after New Zealand economist William Phillips (1914–1975).

How to pronounce phillips curve

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