2.5. Limitations of the study

At the level of the limitations, these refer to the usage of secondary information, as opposed to the collection of primary data through the direct analysis of the Chinese market. This limitation is nevertheless addressed through the integration of multiple sources of valid and verifiable information, leading as such to the creation of solid, relevant and reliable findings.

The second limitation is one common to all research endeavors, namely the inability of the research project to answer all questions related to the topic under assessment. These topics could however constitute grounds for future research projects, supporting as such the academic development. These questions refer to the following:

1. What are the history, evolution and importance of inflation and unemployment?

2. What are the characteristics of the Phillips curve in other global regions, such as the United States or Japan?

3. The Phillips curve in China...
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