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six of Phillips's previously unpublished essays, four of which were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.
General
| Imprint: |
Cambridge UniversityPress
|
| Country of origin: |
United Kingdom |
| Release date: |
October 2011 |
| First published: |
April 2011 |
| Editors: |
Robert Leeson
|
| Dimensions: |
229 x 152 x 30mm (L x W x T) |
| Format: |
Paperback - Trade
|
| Pages: |
534 |
| ISBN-13: |
978-0-521-16845-8 |
| Categories: |
Books >
Business & Economics >
Economics >
Macroeconomics >
General
|
| LSN: |
0-521-16845-7 |
| Barcode: |
9780521168458 |
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