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Active Monetary Policy and Instability in a Phillips Curve System

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  • Montoro, Juan D.
  • Paz, Jose V.
  • Roig, Miguel

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  • Montoro, Juan D. & Paz, Jose V. & Roig, Miguel, 1998. "Active Monetary Policy and Instability in a Phillips Curve System," Journal of Macroeconomics, Elsevier, vol. 20(4), pages 843-856, October.
    • Handle: RePEc:eee:jmacro:v:20:y:1998:i:4:p:843-856
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    2. Day, Richard H. & Pianigiani, Giulio, 1991. "Statistical dynamics and economics," Journal of Economic Behavior & Organization, Elsevier, vol. 16(1-2), pages 37-83, July.
    3. Day, Richard H. & Pianigiani, Giulio, 1991. "Statistical Dynamics and Economics," Working Paper Series 293, Research Institute of Industrial Economics.
    4. Grandmont, Jean-Michel, 1985. "On Endogenous Competitive Business Cycles," Econometrica, Econometric Society, vol. 53(5), pages 995-1045, September.
    5. Soliman, A. S., 1996. "Transitions from stable equilibrium points to periodic cycles to chaos in a phillips curve system," Journal of Macroeconomics, Elsevier, vol. 18(1), pages 139-153.
    6. Grandmont, Jean-Michel, 1991. "Expectations driven business cycles," European Economic Review, Elsevier, vol. 35(2-3), pages 293-299, April.
    7. DeCoster, Gregory P. & Mitchell, Douglas W., 1992. "Dynamic implications of chaotic monetary policy," Journal of Macroeconomics, Elsevier, vol. 14(2), pages 267-287.
    8. Benhabib, Jess, 1980. "Adaptive monetary policy and rational expectations," Journal of Economic Theory, Elsevier, vol. 23(2), pages 261-266, October.
    9. Mullineux, Andy & Peng, WenSheng, 1993. "Nonlinear Business Cycle Modelling," Journal of Economic Surveys, Wiley Blackwell, vol. 7(1), pages 41-83.
    10. Reichlin, Pietro, 1990. "Output-inflation cycles in an economy with staggered wage setting," Journal of Economic Dynamics and Control, Elsevier, vol. 14(3-4), pages 597-625, October.
    11. Kelsey, David, 1988. "The Economics of Chaos or the Chaos of Economics," Oxford Economic Papers, Oxford University Press, vol. 40(1), pages 1-31, March.
    12. Isaac, Alan G., 1986. "Reversing the Phillips' curve: A microfoundation," Journal of Macroeconomics, Elsevier, vol. 8(2), pages 221-226.
    13. Sasakura, Kazuyuki, 1995. "Political economic chaos?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(2), pages 213-221, July.
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