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Interview with Edmund S. Phelps

Author

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  • Howard R. Vane
  • Chris Mulhearn

Abstract

Edmund S. Phelps has been McVickar Professor of Political Economy at Columbia University in New York City, New York, since 1982 and director of the Center on Capitalism and Society at Columbia University's Earth Institute since 2001. In 2006, he was awarded the Nobel Memorial Prize in Economic Science "for his analysis of intertemporal tradeoffs in macroeconomic policy." We interviewed Professor Phelps at his hotel in San Francisco, on January 3, 2009, while attending the annual meeting of the Allied Social Science Associations.

Suggested Citation

  • Howard R. Vane & Chris Mulhearn, 2009. "Interview with Edmund S. Phelps," Journal of Economic Perspectives, American Economic Association, vol. 23(3), pages 109-124, Summer.
  • Handle: RePEc:aea:jecper:v:23:y:2009:i:3:p:109-24
    Note: DOI: 10.1257/jep.23.3.109
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    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.23.3.109
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    References listed on IDEAS

    as
    1. Taylor, John B, 1979. "Staggered Wage Setting in a Macro Model," American Economic Review, American Economic Association, vol. 69(2), pages 108-113, May.
    2. repec:bla:ecorec:v:78:y:2002:i:243:p:375-80 is not listed on IDEAS
    3. E. S. Phelps, 1966. "Models of Technical Progress and the Golden Rule of Research," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 33(2), pages 133-145.
    4. Lucas, Robert Jr., 1972. "Expectations and the neutrality of money," Journal of Economic Theory, Elsevier, vol. 4(2), pages 103-124, April.
    5. Edmund S. Phelps, 1992. "Consumer Demand and Equilibrium Unemployment in a Working Model of the Customer-Market Incentive-Wage Economy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(3), pages 1003-1032.
    6. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    7. J.-P. Fitoussi & E. S. Phelps, 1986. "Causes of the 1980s Slump in Europe," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 17(2), pages 487-520.
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    9. Salop, Steven C, 1979. "A Model of the Natural Rate of Unemployment," American Economic Review, American Economic Association, vol. 69(1), pages 117-125, March.
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    11. T. W. Swan, 1956. "ECONOMIC GROWTH and CAPITAL ACCUMULATION," The Economic Record, The Economic Society of Australia, vol. 32(2), pages 334-361, November.
    12. Hoon, Hian Teck & Phelps, Edmund S, 1992. "Macroeconomic Shocks in a Dynamized Model of the Natural Rate of Unemployment," American Economic Review, American Economic Association, vol. 82(4), pages 889-900, September.
    13. Phelps, Edmund S, 1972. "The Statistical Theory of Racism and Sexism," American Economic Review, American Economic Association, vol. 62(4), pages 659-661, September.
    14. Phelps, Edmund S, 1969. "The New Microeconomics in Inflation and Employment Theory," American Economic Review, American Economic Association, vol. 59(2), pages 147-160, May.
    15. Peter Howitt, 2007. "Edmund Phelps: Macroeconomist and Social Scientist," Scandinavian Journal of Economics, Wiley Blackwell, vol. 109(2), pages 203-224, June.
    16. Phelps, Edmund S & Taylor, John B, 1977. "Stabilizing Powers of Monetary Policy under Rational Expectations," Journal of Political Economy, University of Chicago Press, vol. 85(1), pages 163-190, February.
    17. Shapiro, Carl & Stiglitz, Joseph E, 1984. "Equilibrium Unemployment as a Worker Discipline Device," American Economic Review, American Economic Association, vol. 74(3), pages 433-444, June.
    18. E. S. Phelps & R. A. Pollak, 1968. "On Second-Best National Saving and Game-Equilibrium Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 35(2), pages 185-199.
    19. Phelps, Edmund S, 1992. "A Review of Unemployment," Journal of Economic Literature, American Economic Association, vol. 30(3), pages 1476-1490, September.
    20. Edmund S. Phelps, 1973. "Taxation of Wage Income for Economic Justice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 87(3), pages 331-354.
    21. Caballero, Ricardo J & Hammour, Mohamad L, 1994. "The Cleansing Effect of Recessions," American Economic Review, American Economic Association, vol. 84(5), pages 1350-1368, December.
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    Cited by:

    1. Pies, Ingo, 2011. "Theoretische Grundlagen demokratischer Wirtschafts- und Gesellschaftspolitik: Der Beitrag von Edmund Phelps," Discussion Papers 2011-10, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.

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