William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, ...

We study the global inflation surge during the pandemic recovery and the implications for aggregate and sectoral Phillips curves ... three features emerge endogenously in a two-sector new-Keynesian ...

The claim of Diallo et al (2022) that in “fragile” economies, the inflation-unemployment trade-off is a trade-in, is apprised. The EPW produces independent and public-spirited scholarship and analyses ...

The barroom brawl of a boardroom fight between Phillips 66 and activist investor Elliott Investment Management to break up the massive energy company concluded May 21 with a split vote and both ...

NEW YORK, May 21 (Reuters) - Phillips 66 <PSX.N> and activist investor Elliott Investment Management each won two seats on the oil refiner's board at an annual shareholders meeting on Wednesday ...

Monetarist economics refers to Milton Friedman's direct criticism of the Keynesian economics theory created by John Maynard Keynes. Also referred to as monetarism, the difference between these ...

FORMER Opposition Leader Dr Peter Phillips has called on the island’s two main political parties to collaborate in the interest of Jamaica. According to Phillips, Jamaica has achieved great ...

Adult actress Lily Phillips was allegedly arrested for “filming in public,” according to Daily Star. The 23-year-old, who made headlines for sleeping with 101 men in 24 hours, was taken into ...