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Re: Interest Rates and inflation



On Wed, 20 Dec 2000, J. Barkley Rosser, Jr. wrote:
>      The original paper by Phillips is
> A.W. Phillips, "The Relation between Unemployment and
> the Rate of Change of Money Wage Rates in the United
> Kingdom, 1861-1957," Economica, November 1958,
> vol. 25, pp. 283-299.
>      The paper by Samuelson and Solow is
> Paul A. Samuelson and Robert M. Solow, "Analytical Aspects
> of Anti-Inflation Policy," American Economic Review, May 1960,
> vol. 50, pp. 177-194.
>       Again, I stand to be corrected if these are not the key
> papers and the correct sequence of the appearance of the
> "Phillips curve" in economic discourse.

While one might debate issues of priority endlessly,
I'd say these are the only early papers in this
literature that many people still read.
Oh, I guess Lipsey's paper might also find a fair
number of readers.

Alan Isaac





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