3,888 research outputs found
The early history of the Phillips curve
No full textThe Phillips Curve depicts a relationship between inflation and unemployment in graphical or equation form. In a previous article (see the March /April issue of this Review), Thomas Humphrey catalogued the various formulations of the relationship that have appeared since the publication in 1958 of A. W. Phillips’ famous article on the subject. In the present article, Humphrey turns to the history of monetary doctrines seeking precursors of the modern formulations in the writings of Phillips’ forerunners. Humphrey finds an early representation of a Phillips Curve relationship in the writings of David Hume. Other pioneers in the curve’s pre-history include Irving Fisher, who first attempted to verify the relationship statistically, Jan Tinbergen, who estimated the first econometric Phillips Curve equation, and Paul Sultan, who first represented the relationship as a graph. Also considered are the contributions of Henry Thornton, John Stuart Mill, Lawrence Klein, A. J. Brown and others. Despite the work of these men, the Phillips Curve did not gain wide acceptance until the 1960s. Humphrey suggests several reasons for its belated popularity.Phillips curve
George MacLeod’s open-air preaching: performance and counter-performance
No full textStuart Blythe uses the methodology of performance to analyse George MacLeod’s open-air preaching. He points out that MacLeod’s preaching was derived from a theology of the incarnation, and an understanding of the paradoxes and dichotomies of common human life. This preaching, Blythe suggests, was also a counter-performance in the context of outlooks and ideologies inimical to the gospel. The paper raises interesting issues related to preaching as performance, and the further question as to whether or not the life and work of the Church as a whole might now be better understood as a counter-performance.Publisher PD
cohort study
No full textAbstract not available.Nitaa Eapen, Amit Kochar, Mark D Lyttle, Natalie Phillips, John A Cheek, Jeremy Furyk, Jocelyn Neutze, Silvia Bressan, Amanda Williams, Stephen Hearps, Ed Oakley, Stuart R Dalziel, Meredith L Borlan
Redemption in the work of Francis Stuart
No full textThe idea of redemption is central to an understanding of the work
of Francis Stuart. Through an examination of its development and
expression, it is possible to demonstrate the integrity of his work and
its distinctive qualities. Such a demonstration is necessary because
Stuart's writing has been subjected to comparatively little scholarly
inquiry, although reviews of his work, especially that produced since
1949, suggest that it is impressive and important.
First, a general background to Stuart's work, a discussion of the
special problems associated with reading it, and a summary of his corpus
is provided. This indicates that the idea of redemption is important to
his earliest writing. The state of redemption is shown to be a
necessary apotheosis for Stuart's outcast heroes; it involves spiritual
suffering through which may be found a sense of reintegration and a
higher reality. This is expressed through interrelated themes such as
those of gambler, artist and ordinary man; mystic and criminal; sacred
and profane love; and spirituality and the mundane. The nature of the
redemptive experience is further elaborated by distinctive, complex
motifs, especially the hare, the ark and the woman-Christ. Their
recurrence provides an important element in the unity of Stuart's work.
Because Stuart's idea of the outcast raises important biographical
questions, an examination of the relationship between Stuart's life and
his work is made. Finally, the way in which the idea of redemption
exists in the language structures of Stuart's novels is examined, with
especial reference to his most recent work, The High Consistory. The
thesis shows that the development of the these of redemption
demonstrates the integrity of Stuart's work
The Nonlinear Phillips Curve and Inflation Forecast Targeting - Symmetric Versus Asymmetric Monetary Policy Rules
No full textWe extend the Svensson (1997a) inflation forecast targeting framework with a convex Phillips curve. We derive an asymmetric target rule, that implies a higher level of nominal interest rates than the Svensson (1997a) forward looking version of the reaction function popularised by Taylor (1993). Extending the analysis with uncertainty about the output gap, we find that uncertainty induces a further upward bias in nominal interest rates. Thus, the implications of uncertainty for optimal policy are the opposite of standard multiplier uncertainty analysis.inflation targets;nonlinearities;asymmetries;stochastic control
A taxa de inflação e a utilização da capacidade instalada: a curva de Phillips para o Brasil de 2003 a 2014
No full textTCC (graduação) - Universidade Federal de Santa Catarina. Centro Sócio-Econômico. Economia.Este estudo tem como objetivo a estimação de uma curva de Phillips brasileira no período 2003-2014 empregando dados relativos à inflação e à utilização da capacidade instalada. A Curva de Phillips foi estimada a partir da metodologia de Mínimos Quadrados Ordinários. A inflação foi especificada como função da expectativa inflacionária, da utilização da capacidade instalada e do repasse cambial. Os resultados demonstraram que, para o período, e com os dados utilizados, a taxa de inflação é influenciada tanto pela primeira diferença da expectativa inflacionária em t quanto pela primeira diferença da expectativa inflacionária em t-1, a utilização da capacidade instalada apresentou um relacionamento ambíguo e o repasse cambial não se mostrou significante na explicação da taxa de inflação da economia brasileira. A conclusão do trabalho foi de que a curva de Phillips, para o período examinado e com a utilização da capacidade como proxy da atividade econômica, não explica a dinâmica dos preços no Brasil (SACHSIDA; RIBEIRO; SANTOS; 2009). Chega-se a esse desfecho após a utilização da capacidade instalada não apresentar um comportamento satisfatório quando relacionada à taxa de inflação
John Stuart Mill’s projected science of society: 1827-1848
No full textThe purpose of the thesis is to examine John Stuart Mill’s political thought from
about 1827 to 1848 as an exercise in intellectual history. It focuses, first, on Mill’s view,
formulated by the late 1830s, that contemporary society was ‘civilized’, and second, on
his project of a science of society, which he aspired to develop in the late 1830s and
early 1840s.
By the late 1830s, Mill came to the view that his contemporary society was a
‘commercial society or civilization’, dominated by the middle, commercial class. The
first part of my thesis, constituted by Chapters 2-4, discusses the way in which Mill
formed his notion of civilization, and what he meant by the term ‘civilization’. Mill paid
attention to the implications of the rise of the middle class, and regarded such
phenomena of contemporary society as the corruption of the commercial spirit and
excessive social conformity as an inevitable consequence of the rise of the middle class.
The second part of the thesis, constituted by Chapters 5-9, examines Mill’s
projected science of society. In the late 1830s and early 1840s, Mill attempted to
develop a new science of society whose subject-matter was the nature and prospects of
commercial, civilized society. This aspiration culminated in A System of Logic,
published in 1843. In examining Mill’s projected science, I pay particular attention to
the fact that he conceived new sciences of history and of the formation of character,
both of which were indispensable in his project, although he failed to give a complete
account of these sciences. My thesis shows that the implications of his interest both in
history and in the formation of character are more significant than Mill scholars have
assumed
2010300093
No full textPCT Number: PCT/AU2010/001256
WIPO Number: WO2011/035386Inventors: Tester, Mark Alfred; Kaiser, Brent; Carter, Scott Anthony William; Shearer, Monique; Plett, Darren Craig; Roy, Stuart John; Cotsaftis, Olivier; Tyerman, Stephan; Okamoto, Mamoru. Assignee: Australian Centre for Plant Functional Genomics Pty Ltd. Agents: Phillips Ormonde Fitzpatric
Birmingham News sleeve BN0020186
No full textJ. Bryan Tony / [African movie] / Councilman M. E. Wiggins / Dr. Howard Phillips / G. Steward Keith / Councilman M. E. Wiggins presenting key of city to G. Stuart Keith with Dr. Howard Phillips in picture / Airport / [Work order included
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