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Inflationary Expectations, Taxes and the Political Business Cycle: a Local Labor Market Perspective

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  • O. Izraeli

    (Oakland University, Rochester, Michigan, USA)

  • M. Kellman

    (Data Resources, Inc.)

Abstract

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Suggested Citation

  • O. Izraeli & M. Kellman, 1982. "Inflationary Expectations, Taxes and the Political Business Cycle: a Local Labor Market Perspective," Urban Studies, Urban Studies Journal Limited, vol. 19(1), pages 33-41, February.
    • Handle: RePEc:sae:urbstu:v:19:y:1982:i:1:p:33-41
    DOI: 10.1080/00420988220080031
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    References listed on IDEAS

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    1. Gordon, Robert J., 1976. "Recent developments in the theory of inflation and unemployment," Journal of Monetary Economics, Elsevier, vol. 2(2), pages 185-219, April.
    2. Robert J. Gordon, 1971. "Inflation in Recession and Recovery," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 2(1), pages 105-166.
    3. Brunner, Karl & Meltzer, Allan H., 1976. "The Phillips curve," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 1(1), pages 1-18, January.
    4. Tanzi, Vito, 1980. "Inflationary Expectations, Economic Activity, Taxes, and Interest Rates," American Economic Review, American Economic Association, vol. 70(1), pages 12-21, March.
    5. William D. Nordhaus, 1975. "The Political Business Cycle," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 42(2), pages 169-190.
    6. David B. Johnson & Thomas R. Beard & Garyl. Carson, 1978. "Spatial Variations in Unemployment and Inflation: Some Implications for Fiscal Policy," Public Finance Review, , vol. 6(4), pages 455-472, October.
    7. Frisch, Helmut, 1977. "Inflation Theory 1963-1975: A "Second Generation" Survey," Journal of Economic Literature, American Economic Association, vol. 15(4), pages 1289-1317, December.
    8. Turnovsky, Stephen J & Wachter, Michael L, 1972. "A Test of the "Expectations Hypothesis" Using Directly Observed Wage and Price Expectations," The Review of Economics and Statistics, MIT Press, vol. 54(1), pages 47-54, February.
    9. Santomero, Anthony M & Seater, John J, 1978. "The Inflation-Unemployment Trade-off: A Critique of the Literature," Journal of Economic Literature, American Economic Association, vol. 16(2), pages 499-544, June.
    10. Metcalf, David, 1971. "The Determinants of Earnings Changes: A Regional Analysis for the U. K., 1960-68," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 12(2), pages 273-282, June.
    11. Edmund S. Phelps, 1968. "Money-Wage Dynamics and Labor-Market Equilibrium," Journal of Political Economy, University of Chicago Press, vol. 76(4), pages 678-678.
    12. Thomas, R L, 1974. "The Cross-Sectional Phillips Curve," The Manchester School of Economic & Social Studies, University of Manchester, vol. 42(3), pages 205-239, September.
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