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Is there a natural level of capacity utilization?

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  • Rudy Fichtenbaum

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  • Rudy Fichtenbaum, 2003. "Is there a natural level of capacity utilization?," Forum for Social Economics, Springer;The Association for Social Economics, vol. 33(1), pages 45-62, September.
    • Handle: RePEc:spr:fosoec:v:33:y:2003:i:1:p:45-62
    DOI: 10.1007/BF02778965
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    References listed on IDEAS

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    1. Malcolm Sawyer, 1997. "The NAIRU: A Critical Appraisal," Economics Working Paper Archive wp_203, Levy Economics Institute.
    2. Franz, Wolfgang & Gordon, Robert J., 1993. "German and American wage and price dynamics : Differences and common themes," European Economic Review, Elsevier, vol. 37(4), pages 719-754, May.
    3. James K. Galbraith, 1997. "Time to Ditch the NAIRU," Journal of Economic Perspectives, American Economic Association, vol. 11(1), pages 93-108, Winter.
    4. Gordon, David M, 1988. "The Un-natural Rate of Unemployment: An Econometric Critique of the NAIRU Hypothesis," American Economic Review, American Economic Association, vol. 78(2), pages 117-123, May.
    5. George A. Akerlof & William T. Dickens & George L. Perry, 2000. "Near-Rational Wage and Price Setting and the Long-Run Phillips Curve," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 31(1), pages 1-60.
    6. Edward M. Gramlich, 1998. "Monetary Rules," Eastern Economic Journal, Eastern Economic Association, vol. 24(2), pages 127-136, Spring.
    7. Ray C. Fair, 1999. "Does the NAIRU Have the Right Dynamics?," American Economic Review, American Economic Association, vol. 89(2), pages 58-62, May.
    8. Chih-Ping Chang & Kenneth M. Emery, 1997. "Is there a stable relationship between capacity utilization and inflation?," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q I, pages 14-20.
    9. Matthew D. Shapiro, 1989. "Assessing the Federal Reserve's Measures of Capacity and Utilization," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 20(1), pages 181-242.
    10. Roberto Chang, 1997. "Is low unemployment inflationary?," Economic Review, Federal Reserve Bank of Atlanta, vol. 86(Q I), pages 4-13.
    11. Joseph Stiglitz, 1997. "Reflections on the Natural Rate Hypothesis," Journal of Economic Perspectives, American Economic Association, vol. 11(1), pages 3-10, Winter.
    12. Stuart E. Weiner, 1993. "New estimates of the natural rate of unemployment," Economic Review, Federal Reserve Bank of Kansas City, vol. 78(Q IV), pages 53-69.
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    Cited by:

    1. Yang, Qing & Hou, Xiaochao & Zhang, Lei, 2018. "Measurement of natural and cyclical excess capacity in China's coal industry," Energy Policy, Elsevier, vol. 118(C), pages 270-278.

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