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Macroeconomics and the Phillips Curve Myth

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;

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A. W. H. Phillips

curve) was previously an informal working paper of which few copies circulated, and the sixth essay is a forerunner of the Lucas Critique;

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A. W. H. Phillips

curve) was previously an informal working paper of which few copies circulated, and the sixth essay is a forerunner of the Lucas Critique;

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Inflation, Unemployment and Money

demonstrate through an in-depth analysis how it is possible to find non-neoclassical foundations in the trade-off between inflation and unemployment;

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Understanding Inflation and the Implications for Monetary Policy

Current perspectives on the Phillips curve, a core macroeconomic concept that treats the relationship between inflation and unemployment;

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Macroeconomic Analysis in the Classical Tradition

earlier work-Macroeconomics without the Errors of Keynes (2019)-the author delves into more aspects of macroeconomic theory and argues for a;

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Macroeconomic Analysis in the Classical Tradition

earlier work-Macroeconomics without the Errors of Keynes (2019)-the author delves into more aspects of macroeconomic theory and argues for a;

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Macroeconomics

The distinctive feature of this book is that it provides a unified framework for the analysis of short- and medium-run macroeconomics. This;

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Macroeconomics

, Prices, Saving, and Labor Markets; Business Cycle Measurement. A One-Period Model of the Macroeconomy: Consumer and Firm Behavior: The;

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Macroeconomics

, Prices, Saving, and Labor Markets; Business Cycle Measurement. A One-Period Model of the Macroeconomy: Consumer and Firm Behavior: The;

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Macroeconomics

, Prices, Saving, and Labor Markets; Business Cycle Measurement. A One-Period Model of the Macroeconomy: Consumer and Firm Behavior: The;

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Has Globalization Changed the Phillips Curve?

The author estimates industry-specific Phillips curves for Denmark to test whether the finding of a weaker link between wages and the;

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MACROECONOMICS AND MONETARY THEORY

, assessments of monetarism, discussion of the economics of Keynes and Hayek, and an original paper on monetary theory. Later chapters include the;

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Modern Macroeconomics

and policy applications. The modern study and analysis of macroeconomics begins by considering how microeconomic units-consumers and firms;

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Macroeconomics

This is a truly outstanding textbook that beautifully marries theory, empirics and policy. It is surely destined to become the gold;

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The Hybrid New Keynesian Phillips Curve and the NAIRU over Time

New Keynesian models of the Phillips Curve generally assume a short run trade-off between inflation and a measure of excess demand due to;

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The Myth of the Normal Curve

educational theory, research, and practice. There is, however, a considerable body of research demonstrating that the normal curve grossly;

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The Myth of the Normal Curve

educational theory, research, and practice. There is, however, a considerable body of research demonstrating that the normal curve grossly;

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Rational Expectations and the New Macroeconomics

This new edition of an established text represents a practical introduction to the principles and applications of Rational Expectations (RE;

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Macroeconomics of Growth Cycles and Financial Instability

In light of the recent economic crisis and in keeping with Hyman Minsky's analysis of financial instability, this book considers the;

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NBER Macroeconomics Annual 2019 - Volume 34

The thirty-fourth volume of the NBER Macroeconomics Annual features theoretical and empirical studies of issues in contemporary;

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Famous Figures and Diagrams in Economics

, students and textbook writers.' - Max Corden, University of Melbourne, Australia `Francis Collins oversaw the human genome project. Mark Blaug and;

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Long-run Growth and Short-run Stabilization

There is much confusion in the economics literature on wage determination and the employment-inflation trade-off. Few model builders pay as;

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Inflation, Deflation & Disinflation

In this book, the authors gather and present current research in the study of inflation, deflation and disinflation. Topics discussed;

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Macroeconomic Models and Controversies

The book provides an introduction to major topics in macroeconomic theory and offers the readers three tools for comparing different;

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Macroeconomic Models and Controversies

The book provides an introduction to major topics in macroeconomic theory and offers the readers three tools for comparing different;

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Business Cycles Since 1820

, present new empirical results and suggest that the explanation of business cycle phenomena may, in part, depend on the way in which historical;

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