With dramatic delivery, one of the newest American short story writers read two selec­ tions from her latest work, Black Tickets, last night in the Library Auditorium. Sensual in nature, both dealt with a char­ acter’s inner perception of life. Jayne Anne Phillips, at 26 critically acclaimed, spoke to an overflow crowd of 450, as the Sophomore Literary Festival continued. She opened with “ Home...

This paper documents some stylized facts on evolving UK Phillips curves, and shows how these differ from their US versions. We interpret UK Phillips curve dynamics in a positive theory of monetary policy—how policy-maker attitudes on the Phillips curve have evolved since the 1950s—rather than, more traditionally, as interaction between exogenous demand and supply disturbances. Combining this fr...

Recently Reis and Phillips [Phys. Rev. E 77, 026702 (2008)] proposed a perturbative method to solve the dispersion equation derived from the linearized lattice Boltzmann equation. We will demonstrate that the method proposed by Reis and Phillips is a reinvention of an existing method. We would also like to refute a number of claims made by Reis and Phillips.

depending on the assumptions that are made in new keynesian models, one can attain different new keynesian phillips curves. in this study, three different new keynesian phillips curves and two different central bank behavioural functions are presented which leaves six new keynesian dsge models to study. the purpose of this study is the comparison of these six models and selecting the best model...

The Phillips curve has generally been estimated in a linear framework which implies a constant relationship between inflation and unemployment. Lately there have been several studies which claim that the slope of the Phillips curve is a function of macroeconomic conditions and that the relationship is asymmetric. If this is true the assumption of linearity is too restrictive. In this paper line...