A. W. H. Phillips: Collected Works in Contemporary Perspective

A. W. H. Phillips: Collected Works in Contemporary Perspective
Author :
Publisher : Cambridge University Press
Total Pages : 535
Release :
ISBN-10 : 9780521571357
ISBN-13 : 0521571359
Rating : 4/5 (359 Downloads)

Book Synopsis A. W. H. Phillips: Collected Works in Contemporary Perspective by : Alban William Housego Phillips

Download or read book A. W. H. Phillips: Collected Works in Contemporary Perspective written by Alban William Housego Phillips and published by Cambridge University Press. This book was released on 2000-08-03 with total page 535 pages. Available in PDF, EPUB and Kindle. Book excerpt: Virtually all of contemporary macroeconomics is underpinned by a Phillips curve of one variety or another; yet most of this literature displays a curious neglect of the theoretical dynamic stabilisation perspective provided by A. W. H. Phillips. This 2000 volume collected for the first time the major work of one of the great economists, integrating Phillips's empirical work with his theoretical contribution. In addition to twelve substantive chapters, 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's ongoing influence. This volume also contains six of Phillips's previously unpublished essays, four of which were thought to have been lost. The fifth such essay (Phillips's second empirical Phillips curve) was previously an informal working paper of which few copies circulated, and the sixth essay is a forerunner of the Lucas Critique written by Phillips shortly before his death.


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