2006
Edmund S Phelps
Picture
(1933 - 0)
Nationality
American
Area of specialisation
Macro economics
Price Motivation
For his analysis of inter temporal trade-off in Macroeconomic Policy
Affiliation at the time of Award
Columbia University, USA
CONTRIBUTION
1, Micro foundations of macro economics 2, Effects of wage and price expectation 3, Natural rate of unemployment Golden rule savings rate
PUBLICATIONS
1, The golden rule of capital accumulation(1961) 2, The Golden Rules Of Economic Growth : Studies of efficient and optimal investment(1966) 3 , Models of technical progress and the golden rule of research(1966) 4, Money wage dynamics and labour market equilibrium(1968) 5, Microeconomic foundations of employment and inflation theory(1970)