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Inflation and Unemployment: The Evolution of the Phillips Curve

Editor

Listed:
  • Richard G. Lipsey
  • William Scarth

Abstract

This authoritative three-volume collection provides a comprehensive anthology of many of the most important and influential articles written since the publication of Phillips’ 1958 study – the most-cited macroeconomic paper published in the 20th century. Along with an original introduction by the editors, the papers evaluate the original contribution and place it in its historical context. The works also discuss the strengths and weaknesses of the New Classical critique and the expectations augmented Phillips Curve that resulted from it, and critique the part played by the ‘New Keynesian Phillips Curve’ in the New neo-Classical Synthesis that has emerged in macroeconomics. This indispensable volume will be of immense value to students, scholars and practitioners interested in the field of economics, and the Phillips Curve in particular.

Suggested Citation

  • Richard G. Lipsey & William Scarth (ed.), 2011. "Inflation and Unemployment: The Evolution of the Phillips Curve," Books, Edward Elgar Publishing, volume 0, number 3567.
    • Handle: RePEc:elg:eebook:3567
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    File URL: http://www.e-elgar.com/shop/isbn/9781843769408
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    Citations

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    Cited by:

    1. Temitope Leshoro & Umakrishnan Kollamparambil, 2016. "Inflation Or Output Targeting? Monetary Policy Appropriateness In South Africa," PSL Quarterly Review, Economia civile, vol. 69(276), pages 77-104.
    2. Richard G. Lipsey, 2012. "Policy Implications of Alternative Economic Paradigms: Some surprises from endogenous technological changes," Discussion Papers dp12-16, Department of Economics, Simon Fraser University.
    3. Richard G. Lipsey, 2013. "The Phillips Curve and the Tyranny of an Assumed Unique Macro Equilibrium," Discussion Papers dp13-12, Department of Economics, Simon Fraser University.
    4. Kenneth I. Carlaw & Richard G. Lipsey, 2013. "Does History Matter? Empirical Analysis of Evolutionary Versus Stationary Equilibrium Views of the Economy," Economic Complexity and Evolution, in: Andreas Pyka & Esben Sloth Andersen (ed.), Long Term Economic Development, edition 127, pages 137-174, Springer.
    5. Antonella Palumbo, 2023. "Richard Lipsey and the "Tyranny" of a Unique Labour Market Equilibrium," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 2023(2), pages 5-29.
    6. Richard G. Lipsey, 2012. "Twenty Five Methodological Issues in Memory of Mark Blaug," Discussion Papers dp12-18, Department of Economics, Simon Fraser University, revised Mar 2013.

    More about this item

    Keywords

    Economics and Finance;

    JEL classification:

    • L0 - Industrial Organization - - General
    • D0 - Microeconomics - - General

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