Full Employment and Stable Prices: Pursuing the Dual Mandate in a Changing Economy

Item

Full Employment and Stable Prices: Pursuing the Dual Mandate in a Changing Economy

Joint Economic Committee

Abstract

The Joint Economic Committee issued a House Majority Staff Report and Senate Minority Staff Report on the relationship between unemployment and inflation, focusing on the Phillips Curve and examins the alleged question of the traditional assumption that very low unemployment necessarily leads to higher inflation, noting that inflation has remained subdued even with historically low unemployment rates.

Date

2019-11-12

Document Type

House Majority Staff Report
Senate Minority Staff Report

Document Length

11 pages

Congress

116

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Files

2019-11-12_R-Full_Employment-116C.pdf

Adobe PDF, 529.5 KB

URI

https://hdl.handle.net/20.500.14300/3473

Keywords

Staff Reports, Bicameral, Democrat

PAP Major Code

1: Macroeconomics

PAP Minor Code

100: General Domestic Macroeconomic Issues

Cited Hearings

N/A

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Joint Economic Committee

Full Employment and Stable Prices: Pursuing the Dual Mandate in a Changing Economy

Joint Economic Committee

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