1# Library to Find Best eBook for Read
Author : Alban William Housego Phillips
Release : 2000
Genre : Economic stabilization
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis A.W.H. Phillips by : Alban William Housego Phillips
Download or read book A.W.H. Phillips written by Alban William Housego Phillips. This book was released on 2000. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert Leeson
Release : 2011-10-27
Genre : Business & Economics
Kind : eBook
Book Rating : 458/5 ( reviews)
Book Synopsis A. W. H. Phillips: Collected Works in Contemporary Perspective by : Robert Leeson
Download or read book A. W. H. Phillips: Collected Works in Contemporary Perspective written by Robert Leeson. This book was released on 2011-10-27. Available in PDF, EPUB and Kindle. Book excerpt: 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 This volume also contains six of Phillips' previously unpublished essays, four of which were long thought to have been lost.
Author : Alban William Housego Phillips
Release : 2000-08-03
Genre : Biography & Autobiography
Kind : eBook
Book Rating : 359/5 ( reviews)
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. This book was released on 2000-08-03. 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.
Author : James Forder
Release : 2014-10-09
Genre : Business & Economics
Kind : eBook
Book Rating : 567/5 ( reviews)
Book Synopsis Macroeconomics and the Phillips Curve Myth by : James Forder
Download or read book Macroeconomics and the Phillips Curve Myth written by James Forder. This book was released on 2014-10-09. Available in PDF, EPUB and Kindle. Book excerpt: This book reconsiders the role of the Phillips curve in macroeconomic analysis in the first twenty years following the famous work by A. W. H. Phillips, after whom it is named. It argues that the story conventionally told is entirely misleading. In that story, Phillips made a great breakthrough but his work led to a view that inflationary policy could be used systematically to maintain low unemployment, and that it was only after the work of Milton Friedman and Edmund Phelps about a decade after Phillips' that this view was rejected. On the contrary, a detailed analysis of the literature of the times shows that the idea of a negative relation between wage change and unemployment - supposedly Phillips' discovery - was commonplace in the 1950s, as were the arguments attributed to Friedman and Phelps by the conventional story. And, perhaps most importantly, there is scarcely any sign of the idea of the inflation-unemployment tradeoff promoting inflationary policy, either in the theoretical literature or in actual policymaking. The book demonstrates and identifies a number of main strands of the actual thinking of the 1950s, 1960s, and 1970s on the question of the determination of inflation and its relation to other variables. The result is not only a rejection of the Phillips curve story as it has been told, and a reassessment of the understanding of the economists of those years of macroeconomics, but also the construction of an alternative, and historically more authentic account, of the economic theory of those times. A notable outcome is that the economic theory of the time was not nearly so naïve as it has been portrayed.
Author : Alan Bollard
Release : 2016-02-11
Genre : Business & Economics
Kind : eBook
Book Rating : 769/5 ( reviews)
Book Synopsis A Few Hares to Chase by : Alan Bollard
Download or read book A Few Hares to Chase written by Alan Bollard. This book was released on 2016-02-11. Available in PDF, EPUB and Kindle. Book excerpt: The Phillips Curve is world famous amongst economists. The man who invented it was an inventor, an engineer, a genius, who led an exciting life and contributed to economics in many different ways. Born and brought up on a remote farm in rural New Zealand, his early life was a search for adventure. He invented toys and rebuilt machinery as a child. He experienced the rigours of the Great Depression on construction sites, and while still a young man he roamed the outback of Australia picking up casual work, sometimes working in gold mines, sometimes crocodile hunting. In 1937 he set off to discover militarising Japan, a guerrilla war in Manchuria, Stalin's Soviet Union, and the tensions in Europe. On the outbreak of war, he joined the RAF and was sent to Singapore where he rearmed planes but was eventually incarcerated in a POW camp by the Japanese. In camp he learned languages, invented gadgets for the troops and built a clandestine radio. If his first 30 years had been a search for adventure, his later life was a search for economic stability. Back in Britain after the war, he scraped through a sociology degree at the LSE, before convincing a sceptical faculty to let him build a hydraulic model of the economy. This beautiful complex machine was a great success and put Bill Phillips on the track of serious economics. In the next few decades he developed new ideas for stabilising economies, was one of the first to use electronic computers, developed the Phillips Curve, showed ways to help an economy to grow, and developed new techniques to model economies. Always innovative, he took another heading in his later years, working out how to stabilise the Chinese economy which was being wracked by the Cultural Revolution. Bill Phillips pioneered a dozen new directions in economics, making him one of the most innovative and influential of our economic pioneers.
