Edmund S. Phelps laureatem Nagrody Nobla w dziedzinie nauk ekonomicznych w 2006 r.

• Autorzy: Wiesław Golnau

Warianty tytułu

Edmund S. Phelps Winner of the 2006 Nobel Prize in Economic Sciences

• Języki publikacji: PL

Abstrakty

Omówiono dorobek naukowy Edmunda S. Phelpsa, który zadecydował o przyznaniu mu Nagrody Nobla. Przedstawiono jego osiągnięcia dotyczące teorii wzrostu gospodarczego w zakresie złotej reguły akumulacji oraz zaprezentowano wyniki badań opisujących długookresową zależność pomiędzy inflacją a bezrobociem.

EN

Edmund S. Phelps an American professor of political economics at Columbia University was awarded 2006 Nobel Prize in Economic Science. In an announcement made on 9 October 2006 professor Gunnar Öquist, Secretary General of the Royal Swedish Academy of Sciences, stated that E.S. Phelps won the award "for his analysis of intertemporal tradeoffs in macroeconomic policy". The Academy of Sciences noted that the work of E.S. Phelps has deepened our understanding of the relation between short-run and long-run effects of economic policy and that his contributions have a decisive impact on economic research as well as policy. In one of his first published papers from 1961, E.S. Phelps derived the so-called golden rule of capital formation, which deals with how much should be spent today versus how much should be saved for future generations. Under the rule, the desirable investment rate should equal the share of capital in national income. According to the prevailing view during the 1960s there existed a negative relationship between inflation and unemployment, the so-called Phillips curve. E.S. Phelps challenged this view. He formulated the expectations-augmented Phillips curve, according to which inflation depends on both unemployment and inflation expectations. (original abstract)

Słowa kluczowe

PL

Nagroda Nobla z ekonomii; Wzrost gospodarczy; Inflacja; Bezrobocie

EN

Nobel Prize in economic; Economic growth; Inflation; Unemployment

• Czasopismo: Prace i Materiały Wydziału Zarządzania Uniwersytetu Gdańskiego
• Rocznik: 2007
• Numer: nr 3
• Strony: 219--229

Twórcy

autor

Wiesław Golnau

Bibliografia

• Edmund Phelps's Contributions to Macroeconomics, Advanced Information on Svergies Riksbank Prize in Economics Sciences in Memory of Alfred Nobel (2006), Kungl. Yetenskapsakademien, The Royal Swedish Academy of Sciences, Stockholm, 9 October.
• Friedman M. (1968), The Role of Monetary Policy, American Economic Review Vol. 58, No. l, s. 1-17.
• Lipscy R.G. (1960), The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1862-1957: A Further Analysis, Economica Vol. 27, s. 1-31.
• Muth J.F. (1961), Rational Expectations and the Theory of Price Movements, Econometrica Vol. 29, No. 3, s. 315-335.
• Phelps E. (1961), The Golden Rule of Accumulation: A Fable for Growthmen, American Economic Review Vol. 51, s. 638-643.
• Phelps E.S. (1965), Second Essay on the Golden Rule of Accumulation, American Economic Review Vol. 55, s. 793-814.
• Phelps E.S (1967), Phillips Curves, Expectations of Inflation and Optimal Unemployment Over Time, Economica Vol. 34, s. 254-281.
• Phelps E.S. (1968), Money-Wage Dynamics and Labor-Market Equilibrium, Journal of Political Economy Vol. 76, s. 678-711.
• Phelps E.S. (1995), A Live in Economics, in: Heertje A. (Ed.), The Market of Modern Economics, vol. II, Edward Elgar Publishing Co., Aldershot, UK, Brookfield, US, s. 90-113. Phelps E.S., Pollak R.A. (1968), On Second-Best National Saving and Game-Equilibrium Growth, Review of Economic Studies Vol. 35, s. 185-199.
• Phillips A.W. (1958), The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861-1957, Economica, New Series Vol. 25, No. 100, s. 283-299.
• Samuelson P.A., Solow R.M. (1960), Problem of Achieving and Maintaining a Stable Price Level. Analitycal Aspects of Anti-Inflation Policy, The American Economic Review Vol. 50, No. 2, s. 177-194.
• Solow R.M. (1956), A Contribution to the Theory of Economic Growth, Quarterly Journal of Economics Vol. 70, s. 65-94.
• Swan T.W. (1956), Economic Growth and Capital Accumulation, Economic Record Vol. 32, s. 334-361.
• The Prize in Economic Sciences 2006, Information for the Public (2006), Kungl. Yetenskapsakademien, The Royal Swedish Academy of Sciences, Stockholm, 9 October.