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Price Level Adjustments and the Rational Expectations Approach to Macroeconomic Stabilization Policy

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  • McCallum, Bennett T

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  • McCallum, Bennett T, 1978. "Price Level Adjustments and the Rational Expectations Approach to Macroeconomic Stabilization Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 10(4), pages 418-436, November.
    • Handle: RePEc:mcb:jmoncb:v:10:y:1978:i:4:p:418-36
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    Cited by:

    1. Preston J. Miller & Arthur J. Rolnick, 1979. "The CBO's policy analysis: an unquestionable misuse of a questionable theory," Staff Report 49, Federal Reserve Bank of Minneapolis.
    2. Michael R. Darby, 1980. "Unanticipated or Actual Changes in Aggregate Demand Variables: A Cross-Country Analysis," NBER Working Papers 0589, National Bureau of Economic Research, Inc.
    3. Levin, Andrew T., 2005. "Comment on: "Endogenous objectives and the evaluation of targeting rules for monetary policy"," Journal of Monetary Economics, Elsevier, vol. 52(5), pages 913-919, July.
    4. Michael Dotsey & Robert G. King, 1988. "Rational expectations business cycle models: a survey," Economic Review, Federal Reserve Bank of Richmond, vol. 74(Mar), pages 3-15.
    5. McCallum, Bennett T., 1981. "Price level determinacy with an interest rate policy rule and rational expectations," Journal of Monetary Economics, Elsevier, vol. 8(3), pages 319-329.
    6. Nickerson, David, 1984. "The neutrality of systematic monetary policy in models with a disequilibrium price level," Economics Letters, Elsevier, vol. 14(1), pages 1-8.
    7. Clark, Peter B. & Goodhart, Charles A. E. & Huang, Haizhou, 1999. "Optimal monetary policy rules in a rational expectations model of the Phillips curve," Journal of Monetary Economics, Elsevier, vol. 43(2), pages 497-520, April.
    8. Devadoss, Stephen, 1995. "Effects Of Fiscal Policies On U.S. Agriculture," A.E. Research Series 305138, University of Idaho, Department of Agricultural Economics and Rural Sociology.
    9. Olivier Jean Blanchard, 1980. "The Monetary Mechanism in the Light of Rational Expectations," NBER Chapters, in: Rational Expectations and Economic Policy, pages 75-116, National Bureau of Economic Research, Inc.

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