Journal article
A. W. H. Phillips: His machine and his curve
New Zealand Economic Papers, Vol.29(2), pp.231-243
1995
Abstract
This paper re-examines Phillips’ work on stabilisation policy by placing his empirical curve in the context of his macroeconomic Machine (now on display at the Science Museum in London and elsewhere) and his sophisticated Phillips curve theory, suggesting that the inflation-unemployment trade-off is a misinterpretation of Phillips’ curve.
Details
- Title
- A. W. H. Phillips: His machine and his curve
- Authors/Creators
- R. Leeson (Author/Creator)
- Publication Details
- New Zealand Economic Papers, Vol.29(2), pp.231-243
- Publisher
- Routledge
- Identifiers
- 991005540291507891
- Copyright
- © 1995 New Zealand Association of Economists.
- Murdoch Affiliation
- Murdoch University
- Language
- English
- Resource Type
- Journal article
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