Impact of Inflation in Different States of Unemployment: Evidence with the Phillips Curve in South Africa from 2008 to 2022

This paper investigates the impact of inflation in different states of unemployment: evidence with the Phillips curve in South Africa. The contribution of this paper is to examine the impact of inflation on different states of unemployment in South Africa. The Paper employs Markov-switching dynamic...

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Bibliographic Details

Published in:	Economies
Main Author:	Eugene Msizi Buthelezi
Format:	Article
Language:	English
Published:	MDPI AG 2023-01-01
Subjects:	Phillips’s curve inflation unemployment Markov-switching dynamic regression (MSDR)
Online Access:	https://www.mdpi.com/2227-7099/11/1/29