Edmund Strother Phelps (born July 26, 1933) is an American economist and the recipient of the 2006 Nobel Memorial Prize in Economic Sciences. Early in...
33 KB (3,682 words) - 08:18, 13 September 2024
Solow made the connection explicit and subsequently Milton Friedman and Edmund Phelps put the theoretical structure in place. While there is a short-run tradeoff...
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key concept in the study of economic activity. Milton Friedman and Edmund Phelps, tackling this 'human' problem in the 1960s, both received the Nobel...
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von Neumann and Maurice Allais, the term is generally attributed to Edmund Phelps who wrote in 1961 that the golden rule "do unto others as you would...
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frictions within firms, a conjecture linked to the pioneering papers by Edmund Phelps et al. 5. Sticky Prices 5a."Staggered Contracts in a Utility-Maximizing...
18 KB (2,438 words) - 07:49, 15 October 2024
Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
20 KB (2,073 words) - 23:54, 23 September 2024
Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
4 KB (461 words) - 01:24, 2 August 2024
Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
23 KB (2,539 words) - 09:35, 26 September 2024
curve relationship between inflation and unemployment. Friedman and Edmund Phelps (who was not a monetarist) proposed an "augmented" version of the Phillips...
57 KB (6,821 words) - 03:09, 7 October 2024
Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
107 KB (13,226 words) - 21:36, 9 October 2024