Edmund S. Phelps, 1933-

Major works of Edmund S. Phelps

• "A Test for the Presence of Cost Inflation in the United States, 1955-57", 1961, Yale Economic Esssays.
• "The Golden Rule of Accumulation: A fable for growthmen", 1961, AER.
• "The New View of Investment: A Neoclassical analysis", 1962, QJE
• "The Accumulation of Risky Capital: A Sequential Utility Analysis", 1962, Econometrica
• "Substitution, Fixed Proportions, Growth and Distribution", 1963, IER
• Fiscal Neutrality Toward Economic Growth, 1965.
• "Second Essay on the Golden Rule of Accumulation", 1965, AER 
• "Anticipated Inflation and Economic Welfare", 1965, JPE
• Golden Rules of Economic Growth, 1966.
• "Investment in Humans, Technological Diffusion, and Economic Growth", with R.R. Nelson, 1966, AER
• "Factor-Price-Frontier Estimation of a 'Vintage' Production Model of the Postwar United States Nonfarm Business Sector" with C. Phelps, 1966, REStat
• "Phillips curves, Expectations of Inflation and Optimal Unemployment Over Time", 1967, Economica.
• "On Second-Best National Saving and Game-Equilibrium Growth", with R.A. Pollack, 1968, RES
• Microeconomic Foundations of Employment and Inflation Theory, 1970.
• "Money, Public Debt, Inflation and Real Interest", with E. Burmeister, 1971, JMCB.
• Inflation Policy and Unemployment Theory: The cost-benefit approach to monetary planning, 1972.
• "Money, Public Expenditure and the Labor Supply", 1972, JET
• "The Statistical Theory of Racism and Sexism", 1972, AER
• "Taxation of Wage Income for Economic Justice", 1973, QJE
• "Inflation in a Theory of Public Finance", 1973, Swedish JE.
• Fiscal Neutrality Toward Economic Growth, 1974
• "The Indeterminacy of Game-Equilibrium Growth in the Absence of an Ethic," 1975, in Phelps, editor, Altruism, Morality and Economic Theory
• "Linear Taxation of Wealth and Wages for Intergenerational Lifetime Justice: Some Steady-State Cases," with J.A. Ordover, 1975, AER
• "Linear 'Maximin' Taxation of Wage and Property Income on a "Maximin' Growth Path", 1976, in Balassa and Nelson, editors, Economic Progress, Private Values and Public Policy: 
• "Social Policy and Uncertain Careers: Beyond Rawls's Paradigm Case," 1976, in Grieson, editor, Urban and Public Economics 
• "Recent Development in Welfare Economics: Justice et Equite," 1977, in Intrillagator, editor, Frontiers of Quantitative Economics
• "Stabilizing Powers of Monetary Policy under Rational Expectations", with J. Taylor, 1977, JPE.
• "Rawlsian Growth: Dynamic Programming of Capital Wealth for Intergeneration 'Maximin' Justice," with J.G. Riley, 1978, RES
• "Commodity-Supply Shock and Full-Employment Monetary Policy", 1978, JMCB
• "Inflation Planning Reconsidered," 1978, Economica
• "Trans-National Effects of Fiscal Shocks in a Two-Country Model of Dynamic Equilibrium", 1978, CROCH
• "Disinflation without Recession: Adaptive guideposts and monetary policy", 1979, WWA.
• "On the Concept of Optimal Taxation in the Overlapping-Generations Model of Economic Growth," with J.A. Ordover, JPubE
• Studies in Macroeconomic Theory, 2 vols, 1979-80.
• "Cracks on the Demand Side: A Year of Crisis in Theoretical Macroeconomics", 1982, AER
• "A Model of Non-Walrasian General Equilibrium: Its Pareto Inoptimality and Pareto Improvement," with G.A. Calvo, 1983, in Tobin, editor, Macroeconomics, Prices and Quantities.
• ."Implicit Contracts and the Social Contract" 1983, in  Dornbusch and Simonson, editors, Inflation, Debt and Indexation 
• "The Trouble with Rational Expectations and the Problem of Inflation Stabilization", 1983, in Frydman and Phelps, editors, Individual Forecasting and Aggregate Outcomes
• Political Economy, 1985
• "Profits Theory and Profits Taxation", 1986, IMF Staff Papers
• The Slump in Europe, with J.P. Fitoussi, 1988
• "Optimum Fiscal Policy When Monetary Policy is Bound by a Rule," with K. Velupillai, 1988, in Arrow and Boskin, editors, Economics of Public Debt
• "A Working Model of Slump and Recovery from Disturbances to Capital-Goods Demand in an Open Non-Monetary Economy", 1988, AER
• "New Channels in the Transmission of Foreign Shocks," 1989, in Calvo et al., editors, Debt, Stabilization and Development 
• Seven Schools of Macroeconomic Thought, 1990
• "The Effectiveness of Macropolicies in a Small Open-Economy Dynamic Aggregative Model," 1991, in Brainard et al., editors,  Money, Macroeconomics, and Economic Policy 
• "A Working Model of Slump and Recovery from Disturbances to Capital-Goods Demand in a Closed Non-Monetary Economy," 1991, in Nell and Semmler, editors, Nicholas Kaldor and Mainstream Economics
• "Testing 'Keynesian' Unemployment Theory against 'Structuralist' Theory: Global Evidence from the Past Two Decades," 1991, in Nerlove, editor, Issues in Contemporary Economics
• "Consumer Demand and Equilibrium Unemployment in a Customer-Market Incentive-Wage Economy", 1992, QJE
• "Macroeconomic Shocks in a Dynamized Model of the Natural Rate of Unemployment," with H.T. Hoon, 1992, AER
• "Pro-Keynesian and Counter-Keynesian Implications of the 'Structuralist' Theory of Unemployment and Interest under the Classic Two-Sector View of Capital and Production", 1993, in Knoester, editor, Taxation in the United States and Europe.
• "Fiscal Policy and Economic Activity in the Neoclassical Theory with and without Bequests," with G. Kanaginis, 1994, Finanz Archiv
• Structural Slumps: The Modern Equilibrium Theory of Unemployment, Interest and Assets, 1994
• "Low-Wage Employment Subsidies versus the Welfare State", 1994, AER
• "The Origins and Further Development of the Natural Rate of Unemployment," 1994, in Cross, editor, The Natural Rate Twenty-Five Years On
• "The Structuralist Theory of Employment", 1995, AER
• "Autobiography of E.S. Phelps" 1995, in Heertje, Makers of Modern Economics
• "Payroll Taxes and Wage Subsidies", 1995, Testimony
• Rewarding Work: How to Restore Participation and Self-Support to Free Enterprise, 1997
• "Growth, Wealth and the Natural Rate: Is Europe's Jobs Crisis a Growth Crisis?" with H.T. Hoon, 1997, European ER
• "The Rise and Downward Trend of the Natural Rate", with G. Zoega, 1997, AER
• "Natural-rate theory and OECD unemployment," with G. Zoega, 1998, EJ
• "Moral Hazard and Independent Income in a Modern Intertemporal-Equilibrium Model of Involuntary Unemployment and Mandatory Retirement," 1998, in Chichilnisky, editor, Markets, Information and Uncertainty

Resources on Edmund S. Phelps

• HET Pages: Optimal Growth Theory; Neo-Keynesian World: Inflation and the Phillips Curve; Monetarism: the Inflation Acceleration Controversy
• Edmund Phelps's Homepage at Columbia - quite informative.
• Phelps's C.V.
• "Rewarding Work: Interview with Phelps" in Challenge, 1997