Fun fact, the Phillips curve for Japan sure looks a lot like Japan: http://qed.econ.queensu.ca/working_papers/papers/qed_wp_1083.pdf http://qed.econ.queensu.ca/

Fun fact, the Phillips curve for Japan sure looks a lot like Japan: http://qed.econ.queensu.ca/working_papers/papers/qed_wp_1083.pdf http://qed.econ.queensu.ca/working_papers/papers/qed_wp_1083... See also the wage inflation/unemployment relationship. https://www.boj.or.jp/en/research/wps_rev/lab/lab14e02.htm/ https://www.boj.or.jp/en/research/wps_rev/lab/lab14e02.htm/