أثر البطالة على التضخم من منظور منحنى فيليبس : دراسة قياسية لعينة من الدول النامية خلال الفترة 1991- 2018

Abstract EN

This research paper aims to try to highlight and study the impact of unemployment on inflation from the perspective of the Phillips curve for a sample of developing countries, and to test the extent to which the traditional Phillips relationship matches the Algerian economic reality and the rest of the developing economies during the period 1991-2018 and based on economic theories, and economic measurement tools for Panel models Dynamics, time series stability tests to avoid false alarm, co-integration test, and Panel ARDL model, and in order to achieve the study objective, the Phillips curve equation was estimated using the inverted transformation formula.

This study, based on the data of the study variables, concluded that there is a long-term equilibrium integrative relationship between inflation and unemployment during the period 1991-2018, which is a direct relationship, as the increase in unemployment by one unit leads to an increase in inflation by 2.

303562, which is a relationship that is incompatible with economic theory, and therefore the impossibility of Applying the Phillips curve to the economies of developing countries during the study period, and this indicates that developing countries suffer from stagflation throughout the study period.