Obituary: David Chilton Phillips (Lord Phillips of Ellesmere), 1924–1999

John Phillips

Legal analysis is a multistep process that performs the complex tasks of identifying real world activities through the lens of a predefined legal code and sets of laws. Based on a brief understanding of an issue a legal professional must make a recommendation on where to apply limited researching resources. We employ Naïve Bayes models in a parallel, nonmutually exclusive alignment towards the ...

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...

113 Phillips & Piotrowicz.PDF

The research, based on an interdisciplinary literature review, highlights the strategic choices, various profiles and salient factors of electronic procurement (eprocurement). The authors identify some factors which are important when adopting a strategic, rather than a tactical e-procurement perspective. The article proposes a broad framework for assessing the e-procurement performance relatio...

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