Virtually all of contemporary macroeconomics is underpinned by a Phillips curve of one variety or another, and this volume collects for the first time the major works of one of the great economists. In addition to twelve substantive pieces, twenty-nine economists including Lawrence Klein, James Meade, Thomas Sargent, Peter Phillips, David Hendry, William Baumol, Richard Lipsey and Geoffrey Harcourt highlight and interpret Phillips' ongoing influence. This volume also contains six of Phillips' previously unpublished essays, four of which were long thought to have been lost.
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Virtually all of contemporary macroeconomics is underpinned by a Phillips curve of one variety or another, and this volume collects for the first time the major works of one of the great economists. In addition to twelve substantive pieces, twenty-nine economists including Lawrence Klein, James Meade, Thomas Sargent, Peter Phillips, David Hendry, William Baumol, Richard Lipsey and Geoffrey Harcourt highlight and interpret Phillips' ongoing influence. This volume also contains six of Phillips' previously unpublished essays, four of which long were thought to have been lost.
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Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
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First Sentence:
For the last forty years, applied macroeconomics, in so far as it connects the instruments of fiscal, monetary and incomes policies to the objectives of inflation, unemployment and economic growth, has, to a large extent, been a series of footnotes and extensions to the work of A.W.H. 'Bill' Phillips. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
potential policy demand, integral stabilisation policy, integral correction factor, proportional stabilisation policy, proportional correction factor, normal capacity output, actual policy demand, continuous time macroeconometric model, investment valve, correction lag, discrete time series data, distributed time lag, continuous time econometrics, unemployment rate equation, marginal leakage, aggregate real demand, exogenous movement, derivative correction, moving average disturbances, lagged function, spontaneous fall, speculative balances, induced investment, discrete time data, electronic simulators Key Phrases - Capitalized Phrases (CAPs): (learn more)
Phillips Curve, Bill Phillips, New Zealand, James Meade, United Kingdom, Phelps Brown, Professor Phillips, Lionel Robbins, United States, Valda Phillips, Walter Newlyn, London School of Economics, Harry Johnson, Richard Lipsey, Second World War, Vernon Committee, Arthur Brown, Economic Journal, Philip White, Professor Tustin, San Francisco, General Motors, Ministry of Labour Gazette, Rex Bergstrom, University of Leeds New!
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Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
For the last forty years, applied macroeconomics, in so far as it connects the instruments of fiscal, monetary and incomes policies to the objectives of inflation, unemployment and economic growth, has, to a large extent, been a series of footnotes and extensions to the work of A.W.H. 'Bill' Phillips. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
potential policy demand, integral stabilisation policy, integral correction factor, proportional stabilisation policy, proportional correction factor, normal capacity output, actual policy demand, continuous time macroeconometric model, investment valve, correction lag, discrete time series data, distributed time lag, continuous time econometrics, unemployment rate equation, marginal leakage, aggregate real demand, exogenous movement, derivative correction, moving average disturbances, lagged function, spontaneous fall, speculative balances, induced investment, discrete time data, electronic simulators Key Phrases - Capitalized Phrases (CAPs): (learn more)
Phillips Curve, Bill Phillips, New Zealand, James Meade, United Kingdom, Phelps Brown, Professor Phillips, Lionel Robbins, United States, Valda Phillips, Walter Newlyn, London School of Economics, Harry Johnson, Richard Lipsey, Second World War, Vernon Committee, Arthur Brown, Economic Journal, Philip White, Professor Tustin, San Francisco, General Motors, Ministry of Labour Gazette, Rex Bergstrom, University of Leeds New!
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Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Citations (learn more)
This book cites 79
books:
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- Stability and Inflation by A.R. Bergstrom on page 28, Back Matter (1), and Back Matter (2)
- Theory of Economic Dynamics: An Essay on Cyclical and Long-Run Changes in Capitalist Economy by M. Kalecki on page 186, and page 187
- Collected Writings (Collected works of Keynes) (v. 7) by John Maynard Keynes in Front Matter, and Back Matter
- Time Series (Charles Griffin Book) by Maurice G. Kendall in Back Matter (1), and Back Matter (2)
- Full Employment in a Free Society by Lord Beveridge on page 247, and Back Matter
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