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- Edmund_Phelps abstract "Edmund Strother Phelps, Jr. (born July 26, 1933) is an American economist and the winner of the 2006 Nobel Memorial Prize in Economic Sciences. Early in his career he became renowned for his research at Yale's Cowles Foundation in the first half of the 1960s on the sources of economic growth. His demonstration of the Golden Rule savings rate, a concept first devised by John von Neumann and Maurice Allais, started a wave of research on how much a nation ought to spend on present consumption rather than save and invest for future generations. His most seminal work inserted a microfoundation—one featuring imperfect information, incomplete knowledge and expectations about wages and prices—to support a macroeconomic theory of employment determination and price-wage dynamics. This led to his development of the natural rate of unemployment—its existence and the mechanism governing its size.Phelps has been McVickar Professor of Political Economy at Columbia University since 1982. He is also the director of Columbia's Center on Capitalism and Society.".
- Edmund_Phelps almaMater Amherst_College.
- Edmund_Phelps almaMater Yale_University.
- Edmund_Phelps award Legion_of_Honour.
- Edmund_Phelps award Nobel_Memorial_Prize_in_Economic_Sciences.
- Edmund_Phelps birthDate "1933-07-26".
- Edmund_Phelps birthPlace Evanston,_Illinois.
- Edmund_Phelps birthYear "1933".
- Edmund_Phelps depictionDescription "Phelps, in 2008".
- Edmund_Phelps field Macroeconomics.
- Edmund_Phelps individualisedGnd "124719414".
- Edmund_Phelps influenced Gylfi_Zoega.
- Edmund_Phelps influenced Roman_Frydman.
- Edmund_Phelps influencedBy Henry_Wallich.
- Edmund_Phelps influencedBy James_Tobin.
- Edmund_Phelps influencedBy Paul_Samuelson.
- Edmund_Phelps influencedBy Thomas_Schelling.
- Edmund_Phelps influencedBy William_Fellner.
- Edmund_Phelps institution Columbia_University.
- Edmund_Phelps institution University_of_Pennsylvania.
- Edmund_Phelps lccnId "n/80/51668".
- Edmund_Phelps nationality United_States.
- Edmund_Phelps thumbnail Edmund_Phelps_2008-01-23.jpg?width=300.
- Edmund_Phelps viafId "68967373".
- Edmund_Phelps wikiPageExternalLink phelps_and_the.html.
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- Edmund_Phelps wikiPageExternalLink economic-justice-and-the-spirit-of-innovation.
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- Edmund_Phelps almaMater Amherst_College.
- Edmund_Phelps almaMater Yale_University.
- Edmund_Phelps awards Legion_of_Honour.
- Edmund_Phelps awards Nobel_Memorial_Prize_in_Economic_Sciences.
- Edmund_Phelps awards "Global Economy Prize".
- Edmund_Phelps awards "Pico della Mirandola Prize".
- Edmund_Phelps birthDate "1933-07-26".
- Edmund_Phelps birthPlace "Evanston, Illinois, U.S.".
- Edmund_Phelps caption "Phelps, in 2008".
- Edmund_Phelps contributions Golden_Rule_savings_rate.
- Edmund_Phelps contributions Natural_rate_of_unemployment.
- Edmund_Phelps contributions "Effects of wage and price expectations".
- Edmund_Phelps contributions "Micro-foundations of macroeconomics".
- Edmund_Phelps dateOfBirth "1933-07-26".
- Edmund_Phelps field Macroeconomics.
- Edmund_Phelps gnd "124719414".
- Edmund_Phelps hasPhotoCollection Edmund_Phelps.
- Edmund_Phelps imageSize "180".
- Edmund_Phelps influenced Gylfi_Zoega.
- Edmund_Phelps influenced Roman_Frydman.
- Edmund_Phelps influenced "Hian Teck Hoon".
- Edmund_Phelps influenced "Mordecai Kurz".
- Edmund_Phelps influences Henry_Wallich.
- Edmund_Phelps influences James_Tobin.
- Edmund_Phelps influences Paul_Samuelson.
- Edmund_Phelps influences Thomas_Schelling.
- Edmund_Phelps influences "William Fellner".
- Edmund_Phelps institution University_of_Pennsylvania.
- Edmund_Phelps institution "Columbia University 1971–".
- Edmund_Phelps lccn "n/80/51668".
- Edmund_Phelps name "Edmund Phelps".
- Edmund_Phelps name "Phelps, Edmund Strother".
- Edmund_Phelps nationality United_States.
- Edmund_Phelps placeOfBirth Evanston,_Illinois.
- Edmund_Phelps repecId "pph34".
- Edmund_Phelps repecPrefix "e".
- Edmund_Phelps shortDescription "American economist".
- Edmund_Phelps viaf "68967373".
- Edmund_Phelps wordnet_type synset-scientist-noun-1.
- Edmund_Phelps description "American economist".
- Edmund_Phelps description "American economist".
- Edmund_Phelps subject Category:1933_births.
- Edmund_Phelps subject Category:20th-century_American_writers.
- Edmund_Phelps subject Category:20th-century_economists.
- Edmund_Phelps subject Category:21st-century_American_writers.
- Edmund_Phelps subject Category:21st-century_economists.
- Edmund_Phelps subject Category:American_Nobel_laureates.
- Edmund_Phelps subject Category:American_economists.
- Edmund_Phelps subject Category:Amherst_College_alumni.
- Edmund_Phelps subject Category:Columbia_University_faculty.
- Edmund_Phelps subject Category:Fellows_of_the_Econometric_Society.
- Edmund_Phelps subject Category:Foreign_Members_of_the_Russian_Academy_of_Sciences.
- Edmund_Phelps subject Category:Guggenheim_Fellows.
- Edmund_Phelps subject Category:Living_people.
- Edmund_Phelps subject Category:Macroeconomists.
- Edmund_Phelps subject Category:Members_of_the_United_States_National_Academy_of_Sciences.
- Edmund_Phelps subject Category:Nobel_laureates_in_Economics.
- Edmund_Phelps subject Category:People_from_Evanston,_Illinois.
- Edmund_Phelps subject Category:People_from_Hastings-on-Hudson,_New_York.
- Edmund_Phelps subject Category:University_of_Pennsylvania_faculty.
- Edmund_Phelps subject Category:Yale_University_alumni.