Working paper
Harry Johnson on the Phillips curve
- Abstract:
- It is noted that Harry G. Johnson was widely admired for his broad knowledge of economics, and particularly for the excellence and synthesizing quality of much of his writing. His discussions of the "Phillips curve" and related matters are considered. It is found that they are brief, inaccurate, and inconsistent. It is clear that, despite his reputation, they should not be treated as authoritative. It is further suggested that rather than supposing that Johnson's knowledge and capabilities have been grossly exaggerated, it may be better to conclude that the Phillips curve was not nearly so important in the literature of the 1960s and 1970s as has been supposed.
- Publication status:
- Published
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(Preview, Version of record, pdf, 248.0KB, Terms of use)
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- Publisher copy:
- 10.1017/s1053837217000554
Authors
- Publisher:
- University of Oxford
- Series:
- Department of Economics Discussion Paper Series
- Publication date:
- 2016-09-01
- DOI:
- Paper number:
- paper 803
- Keywords:
- Pubs id:
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1143588
- Local pid:
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pubs:1143588
- Deposit date:
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2020-12-15
- ARK identifier:
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- Copyright date:
- 2016
- Rights statement:
- Copyright 2016 The Author(s)
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