“A<scp>many?sided</scp>crystal”: Understanding the manifold legacy of<scp>Silvanus Phillips Thompson</scp>(1851–1916)

Sectoral Phillips curves and the aggregate Phillips curve

Sector-level Phillips curves are estimated in French data. There is considerable heterogeneity across sectors, with vastly different estimates of the backward looking component of inflation and the duration of nominal rigidities. A multi-sector model of inflation dynamics is calibrated on the basis of these sectoral estimates. Aggregate inflation, simulated on the basis of heterogeneous sectors...

Contributions to Understanding the Neuropsychology of Alcoholism: An INS Legacy.

Alcohol use disorder (AUD) has been a major cause of family, social, and personal strife for centuries, with current prevalence estimates of 14% for 12-month and 29% lifetime AUD. Neuropsychological testing of selective cognitive, sensory, and motor functions complemented with in vivo brain imaging has enabled tracking the consequences of AUD, which follows a dynamic course of development, main...

Understanding international crime trends: the legacy of preschool lead exposure.

This study shows a very strong association between preschool blood lead and subsequent crime rate trends over several decades in the USA, Britain, Canada, France, Australia, Finland, Italy, West Germany, and New Zealand. The relationship is characterized by best-fit lags (highest R2 and t-value for blood lead) consistent with neurobehavioral damage in the first year of life and the peak age of ...

The Phillips Machine (MONIAC)

The Phillips Machine, or Monetary National Income Analogue Computer (MONIAC), is a hydraulic representation of cash flow within the UK economy in the early 20th century. It represents the circular flow of income (New Zealand Institute of Economic Research, 2015), shown by the economic equation Aggregate Demand = Consumer Expenditure + Investment + Government Spending + (Exports – Imports), or Y...

The Phillips Curve