Friedman Phelps Model
Without short-run Monetary Policy
Inputs
Natural rate of unemployment:
%
Expected inflation rate:
%
Shock parameter:
%
Cyclical sensitivity:
decimal
Outputs (long-run)
Unemployment:
%
Inflation:
%
With short-run Monetary Policy
Inputs
Inflation:
%
Short-run Output
Unemployment:
%
Long-run Output
Expected inflation rate:
%
Unemployment:
%
Inflation:
%