This study aims to prove again whether the applied Phillips curve occurred in 10 ASEAN countries namely Indonesia, Philippines, Malaysia, Singapore, Brunei Darussalam, Thailand, Vietnam, Laos, Cambodia, and Myanmar over the past ten years (2008-2017). The research is quantitative and is processed using the dynamic panel data method. The results of the study are in the short and long term there is a trade-off between the variables of inflation and unemployment, so it is concluded that the Phillips curve applies in 10 ASEAN countries.
Metasari Kartika, Erni Panca Kurniasih (2020); Does Phillips Curve Apply in ASEAN Countries?; International Journal of Scientific and Research Publications (IJSRP)
10(04) (ISSN: 2250-3153), DOI: http://dx.doi.org/10.29322/IJSRP.10.04.2020.p10030