# Phillips curve

> English word · Noun

## Definitions
1. A single-equation empirical model describing a historical inverse relationship between rates of unemployment and corresponding rates of inflation that result within an economy.

## Etymology
Named after New Zealand economist William Phillips (1914–1975).

## Source
Compiled from Wiktionary via kaikki.org (CC BY-SA). Data vintage: 2026-05-06.
Canonical page: https://plainspell.com/en/word/phillips-curve