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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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    3. Grandmont, Jean-Michel, 1985. "On Endogenous Competitive Business Cycles," Econometrica, Econometric Society, vol. 53(5), pages 995-1045, September.
    4. 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.
    5. Isaac, Alan G., 1986. "Reversing the Phillips' curve: A microfoundation," Journal of Macroeconomics, Elsevier, vol. 8(2), pages 221-226.
    6. Sasakura, Kazuyuki, 1995. "Political economic chaos?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(2), pages 213-221, July.
    7. Day, Richard H. & Pianigiani, Giulio, 1991. "Statistical Dynamics and Economics," Working Paper Series 293, Research Institute of Industrial Economics.
    8. Reichlin, Pietro, 1986. "Equilibrium cycles in an overlapping generations economy with production," Journal of Economic Theory, Elsevier, vol. 40(1), pages 89-102, October.
    9. Grandmont, Jean-Michel, 1991. "Expectations driven business cycles," European Economic Review, Elsevier, vol. 35(2-3), pages 293-299, April.
    10. 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.
    11. DeCoster, Gregory P. & Mitchell, Douglas W., 1992. "Dynamic implications of chaotic monetary policy," Journal of Macroeconomics, Elsevier, vol. 14(2), pages 267-287.
    12. Benhabib, Jess, 1980. "Adaptive monetary policy and rational expectations," Journal of Economic Theory, Elsevier, vol. 23(2), pages 261-266, October.
    13. Mullineux, Andy & Peng, WenSheng, 1993. "Nonlinear Business Cycle Modelling," Journal of Economic Surveys, Wiley Blackwell, vol. 7(1), pages 41-83.
    14. 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.
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