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The Australian Phillips curve and more

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Figure

Figure 2. Comparison of two estimates of unemployment according to the U.S. BLS and OECD definitions
Figure 3. Comparison of two estimates of the change rate of labor force level – according to the OECD and U.S
Figure 4.  Comparison of the measured unemployment (OECD) and that predicted from the CPI time series by relationship shown in the Figure
Figure 5. The Phillips curve with a structural break in 1994. Coefficients in the defining relationships are obtained by trial-and-error methods from the cumulative curves in the lower panel
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