Macroeconomics and the Phillips Curve Myth
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Book Overview
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...
Format:Hardcover
Language:English
ISBN:0199683654
ISBN13:9780199683659
Release Date:December 2014
Publisher:Oxford University Press (UK)
Length:318 Pages
Weight:1.10 lbs.
Dimensions:0.8" x 6.2" x 9.2"
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