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

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Listed:
  • Leeson,Robert

Abstract

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 This volume also contains six of Phillips's previously unpublished essays, four of which were thought to have been lost.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.

Suggested Citation

  • Leeson,Robert (ed.), 2000. "A. W. H. Phillips: Collected Works in Contemporary Perspective," Cambridge Books, Cambridge University Press, number 9780521571357.
  • Handle: RePEc:cup:cbooks:9780521571357
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    Citations

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    Cited by:

    1. Argandoña, Antonio, 2013. "Irving Fisher: un gran economista," IESE Research Papers D/1082, IESE Business School.
    2. G. C. Lim, 2009. "Inflation Targeting," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 42(1), pages 110-118, March.
    3. A.G. Sleeman, 2010. "‘Bill’ Phillips’ War and his Notorious Pass Degree," The Economic Record, The Economic Society of Australia, vol. 86(274), pages 414-420, September.
    4. K.Vela Velupillai, 2012. "The Epistemology of Simulation, Computation and Dynamics in Economics," ASSRU Discussion Papers 1218, ASSRU - Algorithmic Social Science Research Unit.
    5. Philip Haynes, 2007. "Chaos, Complexity and Transformations in Social Care Policy in England," Public Money & Management, Taylor & Francis Journals, vol. 27(3), pages 199-206, June.
    6. G.C. Lim & Robert Dixon & Sarantis Tsiaplias, 2009. "Phillips Curve and the Equilibrium Unemployment Rate," The Economic Record, The Economic Society of Australia, vol. 85(271), pages 371-382, December.
    7. Castle, Jennifer L. & Hendry, David F., 2009. "The long-run determinants of UK wages, 1860-2004," Journal of Macroeconomics, Elsevier, vol. 31(1), pages 5-28, March.
    8. Rod Cross & Hugh McNamara & Alexei Pokrovskii, 2012. "Memory of recessions," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 34(3), pages 413-430.
    9. Roger E. Backhouse & David Laidler, 2004. "What Was Lost with IS-LM," History of Political Economy, Duke University Press, vol. 36(5), pages 25-56, Supplemen.
    10. Duo Qin, 2010. "Modelling of the Inflation-Unemployment Tradeoff from the Perspective of the History of Econometrics," Working Papers 661, Queen Mary University of London, School of Economics and Finance.
    11. Brian Hayes, 2011. "Economics, Control Theory, and the Phillips Machine," ASSRU Discussion Papers 1101, ASSRU - Algorithmic Social Science Research Unit.
    12. Vasily E. Tarasov, 2019. "On History of Mathematical Economics: Application of Fractional Calculus," Mathematics, MDPI, vol. 7(6), pages 1-28, June.
    13. A. G. Sleeman, 2011. "Retrospectives: The Phillips Curve: A Rushed Job?," Journal of Economic Perspectives, American Economic Association, vol. 25(1), pages 223-238, Winter.
    14. Katherine Moos & K. Vela Velupillai, 2014. "Stabilisation Policy -- Phillips before the `Phillips Curve'," ASSRU Discussion Papers 1402, ASSRU - Algorithmic Social Science Research Unit.
    15. K. Vela Velupillai & Stefano Zambelli, 2010. "The Epistemology of Simulation, Computation and Dynamics in Economics Ennobling Synergies, Enfeebling 'Perfection'," ASSRU Discussion Papers 1002, ASSRU - Algorithmic Social Science Research Unit.
    16. Dejene Mamo Bekana, 2016. "What Causes Inflation in a Post Communist Economy? Evidence from Ethiopia," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 19(61), pages 3-46, September.
    17. Jean-Sébastien Lenfant & Jérôme Lallement, 2004. "L'équilibre général comme savoir : de Walras à nos jours," Working Papers hal-01765036, HAL.
    18. David F. Hendry, 2020. "A Short History of Macro-econometric Modelling," Economics Papers 2020-W01, Economics Group, Nuffield College, University of Oxford.
    19. Vasily E. Tarasov, 2019. "Rules for Fractional-Dynamic Generalizations: Difficulties of Constructing Fractional Dynamic Models," Mathematics, MDPI, vol. 7(6), pages 1-50, June.
    20. Scobie, Grant M, 2020. "If Bill Phillips were Governor ...? Some implications of his work for contemporary macroeconomic policy," Working Paper Series 9368, Victoria University of Wellington, Chair in Public Finance.
    21. Singleton,John, 2010. "Central Banking in the Twentieth Century," Cambridge Books, Cambridge University Press, number 9780521899093.
    22. Vasily E. Tarasov & Valentina V. Tarasova, 2019. "Dynamic Keynesian Model of Economic Growth with Memory and Lag," Mathematics, MDPI, vol. 7(2), pages 1-17, February.
    23. David F. Hendry & Peter C.B. Phillips, 2017. "John Denis Sargan at the London School of Economics," Cowles Foundation Discussion Papers 2082, Cowles Foundation for Research in Economics, Yale University.
    24. Alan E. Bollard, 2011. "Man, Money and Machines: The Contributions of A. W. Phillips," Economica, London School of Economics and Political Science, vol. 78(309), pages 1-9, January.
    25. Robert W. Dimand & John Geanakoplos, 2005. "Celebrating Irving Fisher: The Legacy of a Great Economist," American Journal of Economics and Sociology, Wiley Blackwell, vol. 64(1), pages 3-18, January.

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