A Review of James Forder, Macroeconomics and the Phillips Curve Myth

The Center for the History of Political Economy Working Paper Series at Duke University, Forthcoming

8 Pages Posted: 22 Jul 2017

Date Written: October 20, 2016

Abstract

In this review, I argue that Forder makes a fine job in debunking the story told by Friedman in his Nobel prize lecture about the Phillips curve yet fails to assess the validity of Phelps’s and Friedman’s contributions to the Phillips curve theory.

Keywords: Phillips curve, A.W. Phillips, M. Friedman, E. Phelps

JEL Classification: B22, B30, E24, E31

Suggested Citation

De Vroey, Michel, A Review of James Forder, Macroeconomics and the Phillips Curve Myth (October 20, 2016). The Center for the History of Political Economy Working Paper Series at Duke University, Forthcoming. Available at SSRN: https://ssrn.com/abstract=2857113 or http://dx.doi.org/10.2139/ssrn.2857113

Michel De Vroey (Contact Author)

Catholic University of Louvain ( email )

Place Montesquieu, 3
Louvain-la-Neuve, 1348
Belgium

Register to save articles to
your library

Register

Paper statistics

Downloads
43
Abstract Views
237
PlumX Metrics