Deflating the productivity norm
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Leland B. Yeager, 1992. "Toward Forecast-Free Monetary Institutions," Cato Journal, Cato Journal, Cato Institute, vol. 12(1), pages 53-80, Spring/Su.
- George A. Selgin, 1990. "Monetary Equilibrium and the Productivity Norm of Price-Level Policy," Cato Journal, Cato Journal, Cato Institute, vol. 10(1), pages 265-287, Spring/Su.
- Bean, Charles R, 1983. "Targeting Nominal Income: An Appraisal," Economic Journal, Royal Economic Society, vol. 93(372), pages 806-819, December.
- Birch, Dan E & Rabin, Alan A & Yeager, Leland B, 1982. "Inflation, Output, and Employment: Some Clarifications," Economic Inquiry, Western Economic Association International, vol. 20(2), pages 209-221, April.
- Selgin, George, 1995. "The case for a "productivity norm": Comment on Dowd," Journal of Macroeconomics, Elsevier, vol. 17(4), pages 733-740.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Endres, A. M. & Fleming, Grant A., 1998. "The early development of monetary policy rules: The view from Geneva in the 1920s," Journal of Monetary Economics, Elsevier, vol. 42(2), pages 375-386, July.
- Denis O’Brien, 2014. "Hayek in the history of economic thought," Chapters, in: Roger W. Garrison & Norman Barry (ed.), Elgar Companion to Hayekian Economics, chapter 2, pages 11-46, Edward Elgar Publishing.
- Kenny, Geoff & McGettigan, Donal, 1997. "Low Inflation or Price Stability? A Look at the Issues," Research Technical Papers 3/RT/97, Central Bank of Ireland.
- Selgin, George, 1995. "The case for a "productivity norm": Comment on Dowd," Journal of Macroeconomics, Elsevier, vol. 17(4), pages 733-740.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Philipp Bagus & David Howden, 2011.
"Monetary equilibrium and price stickiness: Causes, consequences and remedies,"
The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 24(4), pages 383-402, December.
- Bagus, Philipp & Howden, David, 2011. "Monetary Equilibrium and Price Stickiness: Causes, Consequences and Remedies," MPRA Paper 79593, University Library of Munich, Germany.
- Gordon, Robert J, 1984.
"The Short-run Demand for Money: A Reconsideration,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 16(4), pages 403-434, November.
- Robert J. Gordon, 1984. "The Short-Run Demand for Money: A Reconsideration," NBER Working Papers 1421, National Bureau of Economic Research, Inc.
- Gordon, Robert J, 1984. "The Short-Run Demand for Money: A Reconsideration," CEPR Discussion Papers 24, C.E.P.R. Discussion Papers.
- Jeffrey Frankel, 2011.
"A Comparison Of Product Price Targeting And Other Monetary Anchor Options, For Commodity Exporters In Latin America,"
Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Fall 2011), pages 1-70, August.
- Frankel, Jeffrey A., 2011. "A Comparison of Product Price Targeting and Other Monetary Anchor Options, for Commodity Exporters in Latin America," Scholarly Articles 5098431, Harvard Kennedy School of Government.
- Jeffrey Frankel, 2011. "A Comparison of Product Price Targeting and Other Monetary Anchor Options, for Commodity Exporters in Latin America," CID Working Papers 227, Center for International Development at Harvard University.
- Frankel, Jeffrey A., 2011. "A Comparison of Product Price Targeting and Other Monetary Anchor Options for Commodity Exporters in Latin America," Scholarly Articles 9642641, Harvard Kennedy School of Government.
- Frankel, Jeffrey A., 2011. "A Comparison of Product Price Targeting and Other Monetary Anchor Options, for Commodity Exporters in Latin America," Working Paper Series rwp11-027, Harvard University, John F. Kennedy School of Government.
- Roberto M. Billi, 2020.
"Output Gaps and Robust Monetary Policy Rules,"
International Journal of Central Banking, International Journal of Central Banking, vol. 16(2), pages 125-152, March.
- Billi, Roberto M., 2012. "Output Gaps and Robust Monetary Policy Rules," Working Paper Series 260, Sveriges Riksbank (Central Bank of Sweden).
- Catão, Luis A. V., 2011. "Comment," LSE Research Online Documents on Economics 123259, London School of Economics and Political Science, LSE Library.
- McCallum, Bennett T., 1999.
"Issues in the design of monetary policy rules,"
Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 23, pages 1483-1530,
Elsevier.
- Bennett T. McCallum, 1997. "Issues in the Design of Monetary Policy Rules," NBER Working Papers 6016, National Bureau of Economic Research, Inc.
- Sylvia Staudinger, 2000. "Inflation Targeting versus Nominal Income Targeting," CESifo Working Paper Series 301, CESifo.
- Erceg, Christopher J. & Henderson, Dale W. & Levin, Andrew T., 2000.
"Optimal monetary policy with staggered wage and price contracts,"
Journal of Monetary Economics, Elsevier, vol. 46(2), pages 281-313, October.
- Christopher J. Erceg & Dale W. Henderson & Andrew T. Levin, 1999. "Optimal monetary policy with staggered wage and price contracts," International Finance Discussion Papers 640, Board of Governors of the Federal Reserve System (U.S.).
- Andrew Levin & Christopher J. Erceg & Dale W. Henderson, 1999. "Optimal Monetary Policy with Staggered Wage and Price Contracts," Computing in Economics and Finance 1999 1151, Society for Computational Economics.
- Woodford Michael, 2002.
"Inflation Stabilization and Welfare,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 2(1), pages 1-53, February.
- Michael Woodford, 2001. "Inflation Stabilization and Welfare," NBER Working Papers 8071, National Bureau of Economic Research, Inc.
- Guy Debelle, 2001. "The Case for Inflation Targeting in East Asian Countries," RBA Annual Conference Volume (Discontinued), in: David Gruen & John Simon (ed.),Future Directions for Monetary Policies in East Asia, Reserve Bank of Australia.
- Billi, Roberto M., 2018.
"Price level targeting and risk management,"
Economic Modelling, Elsevier, vol. 73(C), pages 163-173.
- Roberto M. Billi, 2008. "Price-level targeting and risk management in a low-inflation economy," Research Working Paper RWP 08-09, Federal Reserve Bank of Kansas City.
- Billi, Roberto, 2015. "Price Level Targeting and Risk Management," Working Paper Series 302, Sveriges Riksbank (Central Bank of Sweden), revised 01 Feb 2016.
- McCallum, Bennett T. & Nelson, Edward, 1999.
"Nominal income targeting in an open-economy optimizing model,"
Journal of Monetary Economics, Elsevier, vol. 43(3), pages 553-578, June.
- McCallum, Bennett T. & Nelson, Edward, 1998. "Nominal Income Targeting in an Open-Economy Optimizing Model," Seminar Papers 644, Stockholm University, Institute for International Economic Studies.
- Bennett T. McCallum & Edward Nelson, 2000. "Nominal Income Targeting in an Open-Economy Optimizing Model," NBER Working Papers 6675, National Bureau of Economic Research, Inc.
- McCallum, B.T. & Nelson, E., 1998. "Nominal Income Targeting in an Open-Economy Optimizing Model," Papers 644, Stockholm - International Economic Studies.
- Guender, Alfred V. & Tam, Julie, 2004. "On the performance of nominal income targeting as a strategy for monetary policy in a small open economy," Journal of International Money and Finance, Elsevier, vol. 23(2), pages 143-163, March.
- Kenny, Geoff & McGettigan, Donal, 1997. "Low Inflation or Price Stability? A Look at the Issues," Research Technical Papers 3/RT/97, Central Bank of Ireland.
- Nasir, Muhammad Ali & Morgan, Jamie, 2023. "Paradox of stationarity? A policy target dilemma for policymakers," The Quarterly Review of Economics and Finance, Elsevier, vol. 87(C), pages 142-145.
- Adriana Fernandez & Evan F. Koenig & Alex Nikolsko-Rzhevskyy, 2008. "The relative performance of alternative Taylor rule specifications," Staff Papers, Federal Reserve Bank of Dallas, issue Jun.
- Jeffrey A. Frankel, 1993.
"Monetary regime choices for a semi-open country,"
Pacific Basin Working Paper Series
93-02, Federal Reserve Bank of San Francisco.
- Frankel, Jeffrey A., 1994. "Monetary Regime Choices for a Semi-Open Country," Center for International and Development Economics Research (CIDER) Working Papers 233378, University of California-Berkeley, Department of Economics.
- Jeffrey A. Frankel., 1994. "Monetary Regime Choices for a Semi-Open Country," Center for International and Development Economics Research (CIDER) Working Papers C94-036, University of California at Berkeley.
- Henrik Jensen, 2002.
"Targeting Nominal Income Growth or Inflation?,"
American Economic Review, American Economic Association, vol. 92(4), pages 928-956, September.
- Henrik Jensen, "undated". "Targeting Nominal Income Growth or Inflation?," EPRU Working Paper Series 99-23, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
- Jensen, Henrik, 1999. "Targeting Nominal Income Growth or Inflation?," CEPR Discussion Papers 2341, C.E.P.R. Discussion Papers.
- Akram, Q. Farooq & Eitrheim, Øyvind, 2008.
"Flexible inflation targeting and financial stability: Is it enough to stabilize inflation and output?,"
Journal of Banking & Finance, Elsevier, vol. 32(7), pages 1242-1254, July.
- Q. Farooq Akram & Øyvind Eitrheim, 2006. "Flexible inflation targeting and financial stability: Is it enough to stabilise inflation and output?," Working Paper 2006/07, Norges Bank.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jmacro:v:17:y:1995:i:4:p:717-732. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622617 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.