Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 418
Book Description
The 1973 Midyear Review of the Economy
Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 418
Book Description
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 418
Book Description
The Midyear Review of the Economy
Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 204
Book Description
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 204
Book Description
The 1972 Midyear Review of the Economy
Author: United States. Congress. Economic Joint Committee
Publisher:
ISBN:
Category :
Languages : en
Pages : 214
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 214
Book Description
The 1972 Midyear Review of the Economy
Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 216
Book Description
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 216
Book Description
The 1978 midyear review of the economy
Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category :
Languages : en
Pages : 332
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 332
Book Description
Cumulative Index of Congressional Committee Hearings (not Confidential in Character)
Author: United States. Congress. Senate. Library
Publisher:
ISBN:
Category : Legislative hearings
Languages : en
Pages : 840
Book Description
Publisher:
ISBN:
Category : Legislative hearings
Languages : en
Pages : 840
Book Description
Macroeconomics and the Phillips Curve Myth
Author: James Forder
Publisher: OUP Oxford
ISBN: 0191506567
Category : Business & Economics
Languages : en
Pages : 321
Book Description
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.
Publisher: OUP Oxford
ISBN: 0191506567
Category : Business & Economics
Languages : en
Pages : 321
Book Description
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.
The ... Joint Economic Report
Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 1168
Book Description
Some years include additional, minority, supplemental, and dissenting views.
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 1168
Book Description
Some years include additional, minority, supplemental, and dissenting views.
Report of the Joint Committee on the Economic Report
Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 154
Book Description
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 154
Book Description
Joint Economic Report
Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 936
Book Description
Some years include minority, supplemental, and dissenting views.
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 936
Book Description
Some years include minority, supplemental, and dissenting views.