“Some International Evidence on Output-Inflation Tradeoffs”
E455403
“Some International Evidence on Output-Inflation Tradeoffs” is an influential economics paper by Robert Lucas Jr. that empirically examines the relationship between output and inflation across countries, contributing to the understanding of the Phillips curve and rational expectations.
All labels observed (1)
| Label | Occurrences |
|---|---|
| “Some International Evidence on Output-Inflation Tradeoffs” canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T4586424 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: “Some International Evidence on Output-Inflation Tradeoffs” Context triple: [Robert Lucas Jr., notableWork, “Some International Evidence on Output-Inflation Tradeoffs”]
-
A.
The New Keynesian Phillips Curve: Time Series Evidence from the Euro Area
"The New Keynesian Phillips Curve: Time Series Evidence from the Euro Area" is an influential empirical economics paper by Jordi Galí that tests and supports New Keynesian inflation dynamics using euro area data.
-
B.
Interest and Prices: Foundations of a Theory of Monetary Policy
Interest and Prices: Foundations of a Theory of Monetary Policy is a highly influential macroeconomics book that develops a rigorous New Keynesian framework for analyzing monetary policy and inflation dynamics.
-
C.
Monetary Policy, Inflation, and the Business Cycle
"Monetary Policy, Inflation, and the Business Cycle" is a widely cited macroeconomics book that develops and applies New Keynesian models to analyze how monetary policy affects inflation dynamics and economic fluctuations.
-
D.
Phillips curve framework
The Phillips curve framework is a macroeconomic concept that posits an inverse relationship between inflation and unemployment, shaping policymakers’ understanding of inflation dynamics and trade-offs in the postwar era.
-
E.
“Discretion versus Policy Rules in Practice”
“Discretion versus Policy Rules in Practice” is a highly influential economics paper by John B. Taylor that analyzes the performance of rule-based versus discretionary approaches to monetary policy, helping to popularize the Taylor rule framework.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: “Some International Evidence on Output-Inflation Tradeoffs” Target entity description: “Some International Evidence on Output-Inflation Tradeoffs” is an influential economics paper by Robert Lucas Jr. that empirically examines the relationship between output and inflation across countries, contributing to the understanding of the Phillips curve and rational expectations.
-
A.
The New Keynesian Phillips Curve: Time Series Evidence from the Euro Area
"The New Keynesian Phillips Curve: Time Series Evidence from the Euro Area" is an influential empirical economics paper by Jordi Galí that tests and supports New Keynesian inflation dynamics using euro area data.
-
B.
Interest and Prices: Foundations of a Theory of Monetary Policy
Interest and Prices: Foundations of a Theory of Monetary Policy is a highly influential macroeconomics book that develops a rigorous New Keynesian framework for analyzing monetary policy and inflation dynamics.
-
C.
Monetary Policy, Inflation, and the Business Cycle
"Monetary Policy, Inflation, and the Business Cycle" is a widely cited macroeconomics book that develops and applies New Keynesian models to analyze how monetary policy affects inflation dynamics and economic fluctuations.
-
D.
Phillips curve framework
The Phillips curve framework is a macroeconomic concept that posits an inverse relationship between inflation and unemployment, shaping policymakers’ understanding of inflation dynamics and trade-offs in the postwar era.
-
E.
“Discretion versus Policy Rules in Practice”
“Discretion versus Policy Rules in Practice” is a highly influential economics paper by John B. Taylor that analyzes the performance of rule-based versus discretionary approaches to monetary policy, helping to popularize the Taylor rule framework.
- F. None of above. chosen
Statements (39)
| Predicate | Object |
|---|---|
| instanceOf |
academic journal article
ⓘ
economics paper ⓘ |
| academicDiscipline |
economics
ⓘ
quantitative economics ⓘ |
| analyzes |
differences in inflation-output tradeoffs across countries
ⓘ
relationship between inflation and real output ⓘ |
| author |
Robert E. Lucas Jr.
ⓘ
linked to:
Robert Lucas Jr.
|
| contribution |
challenged the stability of the traditional Phillips curve
ⓘ
linked inflation variability to output variability across countries ⓘ provided cross-country empirical evidence on the relationship between output and inflation ⓘ supported the rational expectations view of monetary policy effects ⓘ |
| field |
macroeconomics
ⓘ
monetary economics ⓘ |
| genre | empirical research article ⓘ |
| hasImpactOn |
design of monetary policy rules
ⓘ
interpretation of cross-country inflation experiences ⓘ understanding of short-run output-inflation dynamics ⓘ |
| influenced |
empirical studies of monetary policy and output
ⓘ
policy debates on inflation-output tradeoffs ⓘ subsequent research on the expectations-augmented Phillips curve ⓘ |
| influencedBy |
Edmund Phelps
ⓘ
Milton Friedman ⓘ earlier Phillips curve literature ⓘ |
| language | English ⓘ |
| mainTopic |
Phillips curve
ⓘ
linked to:
Phillips curve framework
business cycles ⓘ inflation variability ⓘ output-inflation tradeoff ⓘ rational expectations ⓘ |
| notableFor |
being an influential paper in modern macroeconomics
ⓘ
empirical examination of the Phillips curve across countries ⓘ |
| relatedTo |
Lucas critique
ⓘ
expectations-augmented Phillips curve ⓘ |
| supportsClaim |
higher inflation variability is associated with higher output variability
ⓘ
systematic monetary policy is less effective in influencing real output under rational expectations ⓘ |
| theoreticalFramework |
modern Phillips curve theory
ⓘ
rational expectations hypothesis ⓘ |
| usesMethod |
cross-country empirical analysis
ⓘ
time-series analysis ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: “Some International Evidence on Output-Inflation Tradeoffs” Description of subject: “Some International Evidence on Output-Inflation Tradeoffs” is an influential economics paper by Robert Lucas Jr. that empirically examines the relationship between output and inflation across countries, contributing to the understanding of the Phillips curve and rational expectations.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.