The Phillips Curve : flatter, kinded but not "dead"

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<title>The Phillips Curve</title>
<subTitle>: flatter, kinded but not "dead"</subTitle>
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<namePart>Fan, Irina</namePart>
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<namePart>Tamm, Külli</namePart>
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<abstract displayLabel="Summary">The Phillips Curve, which says that as the unemployment rate falls, nominal wages will rise, is making a comeback. Many labour markets are beyond full employment and wage inflation is set to rise. It may spike in an overheating risk scenario. Non-life insurers, most notably in casualty lines, can expect increased claims severity. In life, demand for new business may fall</abstract>
<note type="statement of responsibility">Irina Fan, Kulli Tamm</note>
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