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A Review of James Forder, Macroeconomics and the Phillips Curve Myth, Oxford University Press, 2014

Michel De Vroey

No 2016032, LIDAM Discussion Papers IRES from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)

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 (search for similar items in EconPapers)
JEL-codes: B22 B30 E24 E31 (search for similar items in EconPapers)
Pages: 6
Date: 2016-12-15
New Economics Papers: this item is included in nep-his, nep-hpe, nep-mac and nep-pke
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