Weird research paper: Japanese phillips curve looks like Japan.

The Gregor W. Smith’s paper  named “Japan’s Phillips Curve Looks Like Japan” contains only one idea, just as the title, if the axis of unemployment rate is reversed.

japan-phillips-curve

Yes, I see Japan on it! And the more weird fact is, this paper was published in a journal of economics, not of a gestalt psychology.

 

reference:
Gregor W. Smith, 2008. “Japan’s Phillips Curve Looks Like Japan,” Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(6), pages 1325-1326, 09.

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