Blunt Score
Phillips curve
The Phillips curve is an economic model that represents the relationship between unemployment and inflation.
Public Sentiment
What the world thinks
As of April 22, 2026, the Phillips curve is facing intense scrutiny as critics label the traditional inflation-unemployment trade-off a "myth" that has failed to explain recent economic behavior. Despite this skepticism, the model remains a foundational tool for policymakers who continue to utilize it to evaluate labor market dynamics and inflation volatility in the wake of post-2022 productivity shifts.
Score Analysis
Gemini
Llama
ChatGPT
Grok32 sources analyzed
Anatomy of the Phillips curve
cepr
“The Phillips curve describes the relationship between inflation and real economic activity over the business cycle.”
Understanding Post-Pandemic Surprises in Inflation and the L
clevelandfed
“Research suggests that standard macroeconomic models may require adjustments to capture key developments during the post-pandemic period and...”
Is There a Stable Phillips Curve After All?
minneapolisfed
“Regional analysis suggests a consistent inflation-unemployment trade-off.”
Reducing Inflation along a Nonlinear Phillips Curve
frbsf
“We bring the Beveridge and Phillips curves together in a novel way that provides insight into the relationship between inflation and a particular measure of...”
Did supply constraints tilt the Phillips Curve?
bankunderground.co
“Ambrogio Cesa-Bianchi, Edward Hall, Marco Pinchetti and Julian Reynolds The remarkable stability of US inflation dynamics in the pre-Covid...”
A Case for Full Employment: Underemployment, the Falling NAI
cbpp
“But if these well-known models accurately describe the relationship between inflation rates and labor market slack, why are the United...”
Is the Phillips Curve Back? When Should We Start to Worry Ab
niskanencenter
“Anyone who has been following the U.S. monthly economic data lately has noticed that the rate of inflation has been rising over the past...”
The Phillips Curve: A Poor Guide for Monetary Policy
cato
“[The] persistent shortfall in inflation from our target has led some to question the traditional relationship between inflation and the unemployment rate,...”
Expectation formation and the Phillips curve revisited
cambridge
“This paper studies expectation formation of professional forecasters in the context of the Phillips curve. We assess whether professionals...”
Anatomy (not Autopsy) of the Phillips Curve - Liberty Street
libertystreeteconomics.newyorkfed
“The author presents evidence showing that the Phillips curve is alive and steep, and it captures inflation volatility remarkably well.”
How Bill Phillips used flowing water to model the economy -
npr
“The Phillips curve became a manual for managing inflation, at least up until the 1970s, when the American economy started acting… differently.”
Does the Phillips Curve Steepen When Costs Surge?
libertystreeteconomics.newyorkfed
“A look at how nonlinear inflation dynamics relate to the slope of the Phillips curve.”
[PDF] Inflation-Unemployment Dynamics in the Context of the
lifescienceglobal
“The post-pandemic inflation episode revived debates over whether inflation reflected a re-steepening of the Phillips Curve under exceptionally ...”
What regional data tell us about the euro area Phillips curv
ecb.europa
“A steep Phillips curve suggests that inflation responds strongly to developments in economic activity, while a flatter curve indicates weaker ...”
The Economic Outlook and Monetary Policy – April 1, 2026
stlouisfed
“... Phillips curve tradeoff. Labor productivity growth has risen since 2022, reflecting firms' investments in automation technologies to drive ...”
The Phillips curve is an economic theory that inflation and
x
“Explore how the Phillips curve explains the inverse relationship between inflation and unemployment, its limitations, and impacts on economic ...”
Is the Phillips curve still relevant? Is it correct, and if
reddit
“Blanchard had a good paper recently where he went over the issues and recent evidence surrounding NAIRU and the Phillips curve.”
Is this explanation about Phillips right or wrong and how? T
reddit
“The Phillips curve is about the relationship between inflation and unemployment, not interest rates and unemployment, so you might want to ...”
Understanding the Phillips Curve: A Trade-off between Inflat
linkedin
“What is the Phillips Curve? The Phillips Curve shows the relationship between inflation and unemployment in an economy.”
Is the Phillips curve useful to make sense of inflation? A.W
x
“The empirical Phillips curve has for many decades meant a negative relation between inflation and real activity, controlling for expected ...”
Essentially, what is the Phillips curve? : r/macroeconomics
reddit
“However, the Phillips Curve tradeoff proved unstable in the long-run, as inflation and unemployment increased together in the mid-1970s. While ...”
How Bill Phillips used flowing water to model the economy
houstonpublicmedia
“In the White House, advisers cited the Phillips Curve to describe this trade-off between employment and inflation. Governments began treating it ...”
[PDF] 2026-final-macroeconomic-model-guide.pdf - Federal Res
federalreserve
““The intermittent Phillips curve: Finding a stable (but persistence‐dependent) Phillips curve model specification.” Economic Inquiry, Western Economic ...”
Imperfect Information, Composition of Demand Shocks, and the
elibrary.imf
“We study why inflation responds differently to economic activity over time. Using survey ... Phillips curve. Testing this prediction with Japanese ...”
Why Affordability Is the Defining Issue of 2026 - Let People
vanceginn.substack
“The Phillips Curve Myth: The theoretical inflation-unemployment tradeoff—the “Phillips Curve”—has never held up well in practice. While the ...”
The U.S. economy opened 2026 on better footing, but revised
facebook
“Polls show that the president's approval ... Phillips curve, this nostrum proved nearly useless in explaining the economy's recent behavior.”
[PDF] A Retrospective View of the Phillips Curve and Its Emp
vtechworks.lib.vt
“The empirical regularity of the Phillips curve, which captures the inverse relationship between the inflation and unemployment rates, has been ...”
Has the Phillips Curve Relationship Broken Down?
stlouisfed
“Economists have discovered that the Phillips curve appears to shift. These shifts are typically attributed to changes in inflation expectations.”
[PDF] Breaks in the Phillips Curve: Evidence from Panel Data
federalreserve
“Both estimates are significant, so the inflation- unemployment trade-off remains valid, but the Phillips curve becomes much flatter after the.”
[PDF] What's Up with the Phillips Curve? - Brookings Institu
brookings
“Afrouzi and Yang (2020) connect changes in the conduct of monetary policy directly to the slope of the Phillips curve, straddling the two strands of the ...”
[PDF] A Phillips Curve with Anchored Expectations and Short-
imf
“Recent Thinking About the Phillips Curve. Here we review the textbook Phillips curve and the puzzle of the missing deflation. We then discuss recent work ...”
[PDF] The Evolution and Policy Implications of Phillips Curv
richmondfed
“The Phillips curve could accommodate both views. Economists of rival schools could accept the Phillips curve as offering insights into the nature of the ...”
Metadata
At a glance
- Category
- Economics
- Last updated
- 1d
- Added
- 1d
- Sources
- 32
- AI models
- 4
- AI avg
- 54%
Community
Score & review
Score over time
Not enough history yet
Blunt Score
54%
AI Average
54%
Users Average
—
Phillips curve
Economics
Score
The Phillips curve is an economic model that represents the relationship between unemployment and inflation.
Why this score?
As of April 22, 2026, the Phillips curve is facing intense scrutiny as critics label the traditional inflation-unemployment trade-off a "myth" that has failed to explain recent economic behavior. Despite this skepticism, the model remains a foundational tool for policymakers who continue to utilize it to evaluate labor market dynamics and inflation volatility in the wake of post-2022 productivity shifts.
Reviews
Score Analysis
GeminiLlamaChatGPTGrok