IJSRP, Volume 10, Issue 4, April 2020 Edition [ISSN 2250-3153]
Metasari Kartika, Erni Panca Kurniasih
Abstract:
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.