@misc{Ćwiąkała-Małys_Anna_Relationship_2023, author={Ćwiąkała-Małys, Anna and Mościbrodzka, Monika}, copyright={Copyright by Autorzy, Wydawnictwo Uniwersytetu Wrocławskiego i Wydawnictwo „Szermierz” sp. z o.o., 2024}, address={Wrocław}, howpublished={online}, year={2023}, publisher={Wydawnictwo Uniwersytetu Wrocławskiego}, publisher={Wydawnictwo „Szermierz” sp. z o.o.}, language={eng}, abstract={In this article we undertake a verification of the Phillips curve in Polish conditions during the pandemic and the war in Ukraine. The theoretical part introduces evolution of Phillips’s theory and the review of literature and its verification in the conditions of Polish economy. Additionally, theoretical aspects regarding crisis and exogenous shocks are discussed. The aim of the empirical part of the work was to investigate the existence of the Phillips curve in the Polish economy in 2013–2022. The direction and strength of the relationship between inflation and unemployment rates were tested based on monthly data on full period and the pandemic period. In the research econometric methods were used in order to estimate parameters of an autoregressive inflation model, including both the influence of unemployment on the inflation rate and exogenous shock that were caused by periods of economic disruption reflected by binary, sustained and interaction variables. It was concluded that in the pandemic time the effect of the Phillips curve was present and that was accentuated by the war. However, in the longer term, this effect was not perceived as a negative relationship between characteristics under study. Nevertheless, in the full period of the study, disruptions in inflation patterns which were caused by the pandemic and the period of Russian aggression against Ukraine were evident.}, abstract={U stattì aprobovano koncepcìû krivoï Fìllìpsa v perìod pandemìï ta vìjni v Ukraïnì v umovah funkcìonuvannâh polʹsʹkoï ekonomìki. U teoretičnìj častinì predstavleno evolûcìû teorii Fìllìpsa ta oglâd lìteraturi ŝodo ïï verifìkacìï u polʹsʹkomu ekonomìčnomu seredoviŝì. Takož doslìdženo teoretičnì aspekti krizi ta ekzogennih šokìv. Metoû empìričnoï častini cìêï roboti bulo doslìditi ìsnuvannâ krivoï Fìllìpsa v ekonomìcì Polʹŝì u 2013–2022 rokah. Sprâmovanìstʹ ta rìvenʹ vzaêmozv`âzku mìž ìnflâcìêû ta rìvnem bezrobìttâ perevìreno na osnovì ŝomìsâčnih danih za doslìdžuvanij perìod zagalom ta perìod pandemìï zokrema. U doslìdžennì vikoristano ekonometričnì metodi dlâ ocìnki parametrìv avtoregresìjnoï modelì ìnflâcìï, ŝo vrahovuê âk vpliv bezrobìttâ na ìnflâcìû, tak ì ekzogennì šoki, zumovlenì perìodami ekonomìčnih potrâsìnʹ, predstavlenì bìnarnimi, postìjnimi ta ìnteraktivnimi zmìnnimi. Viâvleno, ŝo liše v perìod pandemìï sposterìgavsâ efekt krivoï Fìllìpsa, âkij nìvelûvavsâ perìodom vìjni v Ukraïnì. Odnak protâgom trivalogo perìodu času cej efekt ne buv pomìtnij âk negativnij zv`âzok mìž doslìdžuvanimi harakteristikami. Prote za vesʹ perìod doslìdžuvanogo perìodu času buli pomìtnì zmìni u dinamìcì ìnflâcìï, spričinenì âk pandemìêû, tak ì perìodom rosìjsʹkoï agresìï proti Ukraïni.}, title={Relationship between unemployment and inflation in Poland in the context of the Phillips curve — a time of pandemic and war in Ukraine}, type={text}, doi={https://doi.org/10.19195/2082-4939.14.12}, keywords={Phillips curve, inflation, unemployment, COVID-19 pandemic, war in Ukraine, kriva Fìllìpsa, inflâcìâ, bezrobìttâ, andemìâ COVID-19, vìjna v Ukraïnì}, }