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Stagflation, persistent unemployment and the permanence of economic shocks
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Cited by:
- Bluford H. Putnam & Samantha Azzarello, 2015. "Evolving dynamics of the relationship between US core inflation and unemployment," Review of Financial Economics, John Wiley & Sons, vol. 25(1), pages 27-34, April.
- Constantin Bürgi, 2020. "Expectation Formation and the Persistence of Shocks," Working Papers 2020-005, The George Washington University, Department of Economics, H. O. Stekler Research Program on Forecasting, revised Sep 2020.
- Silva Lopes, Artur, 1994. "A "hipótese das expectativas racionais": teoria e realidade (uma visita guiada à literatura até 1992) [The "rational expectations hypothesis": theory and reality (a guided tour ," MPRA Paper 9699, University Library of Munich, Germany, revised 23 Jul 2008.
- Grossman, Herschel I., 1983.
"The natural-rate hypothesis, the rational-expectations hypothesis, and the remarkable survival of non-market-clearing assumptions,"
Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 19(1), pages 225-245, January.
- Herschel I. Grossman, 1982. "The Natural-Rate Hypothesis, the Rational-Expectations Hypothesis, and the Remarkable Survival of Non-Market-Clearing Assumptions," NBER Working Papers 1010, National Bureau of Economic Research, Inc.
- Bordo, Michael D., 1986.
"Explorations in monetary history: A survey of the literature,"
Explorations in Economic History, Elsevier, vol. 23(4), pages 339-415, October.
- Michael D. Bordo, 1986. "Explorations in Monetary History: A Survey of the Literature," NBER Working Papers 1821, National Bureau of Economic Research, Inc.
- Erceg, Christopher J. & Levin, Andrew T., 2003.
"Imperfect credibility and inflation persistence,"
Journal of Monetary Economics, Elsevier, vol. 50(4), pages 915-944, May.
- Christopher J. Erceg and Andrew T. Levin, 2001. "Imperfect Credibility and Inflation Persistence," Computing in Economics and Finance 2001 19, Society for Computational Economics.
- Christopher J. Erceg & Andrew T. Levin, 2001. "Imperfect credibility and inflation persistence," Finance and Economics Discussion Series 2001-45, Board of Governors of the Federal Reserve System (U.S.).
- Victor Zarnowitz, 1984. "Business Cycles Analysis and Expectational Survey Data," NBER Working Papers 1378, National Bureau of Economic Research, Inc.
- Cukierman, Alex, 1981. "How to Quantify Credibility and Its Effects - A Suggestion," Foerder Institute for Economic Research Working Papers 275331, Tel-Aviv University > Foerder Institute for Economic Research.
- Mustafa Yurtsever, 2023. "Unemployment rate forecasting: LSTM-GRU hybrid approach," Journal for Labour Market Research, Springer;Institute for Employment Research/ Institut für Arbeitsmarkt- und Berufsforschung (IAB), vol. 57(1), pages 1-9, December.
- Aurélien Goutsmedt, 2021.
"From the Stagflation to the Great Inflation: Explaining the US economy of the 1970s,"
Revue d'économie politique, Dalloz, vol. 131(3), pages 557-582.
- Aurélien Goutsmedt, 2020. "From the Stagflation to the Great Inflation: Explaining the US economy of the 1970s," Post-Print hal-03878374, HAL.
- Cukierman, Alex & Lippi, Francesco, 2005.
"Endogenous monetary policy with unobserved potential output,"
Journal of Economic Dynamics and Control, Elsevier, vol. 29(11), pages 1951-1983, November.
- Alex Cukierman & Francesco Lippi, 2003. "Endogenous Monetary Policy with Unobserved Potential Output," CEIS Research Paper 26, Tor Vergata University, CEIS.
- Alex Cukierman & Francesco Lippi, 2004. "Endogenous monetary policy with unobserved potential output," Temi di discussione (Economic working papers) 493, Bank of Italy, Economic Research and International Relations Area.
- Cukierman, Alex & Lippi, Francesco, 2003. "Endogenous Monetary Policy with Unobserved Potential Output," CEPR Discussion Papers 3763, C.E.P.R. Discussion Papers.
- Scheide, Joachim, 1986. "New classical and Austrian business cycle theory: Is there a difference?," Open Access Publications from Kiel Institute for the World Economy 1317, Kiel Institute for the World Economy (IfW Kiel).
- Bennett T. McCallum, 1982.
"Macroeconomics after a decade of rational expectations : some critical issues,"
Economic Review, Federal Reserve Bank of Richmond, vol. 68(Nov), pages 3-12.
- Bennett T. McCallum, 1982. "Macroeconomics After a Decade of Rational Expectations: Some Critical Issues," NBER Working Papers 1050, National Bureau of Economic Research, Inc.
- Rashid Amjad Chaudhry & Musleh ud Din & Abdul Qayyum, 2011.
"Pakistan: Breaking Out of Stagflation into Sustained Growth,"
Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 16(Special E), pages 13-30, September.
- Amjad, Rashid & Din, Musleh-ud & Qayyum, Abdul, 2011. "Pakistan: Breaking out of stagflation into sustained growth," MPRA Paper 33812, University Library of Munich, Germany.
- Dale Henderson, 1984. "Exchange Market Intervention Operations: Their Role in Financial Policy and Their Effects," NBER Chapters, in: Exchange Rate Theory and Practice, pages 359-406, National Bureau of Economic Research, Inc.
- Hartley, Peter R. & Walsh, Carl E., 1991.
"Inside money and monetary neutrality,"
Journal of Macroeconomics, Elsevier, vol. 13(3), pages 395-416.
- Peter R. Hartley & Carl E. Walsh, 1986. "Inside money and monetary neutrality," Working Papers in Applied Economic Theory 86-01, Federal Reserve Bank of San Francisco.
- Peter R. Hartley & Carl E. Walsh, 1986. "Inside Money and Monetary Neutrality," NBER Working Papers 1890, National Bureau of Economic Research, Inc.
- Andolfatto, David & Hendry, Scott & Moran, Kevin, 2008.
"Are inflation expectations rational?,"
Journal of Monetary Economics, Elsevier, vol. 55(2), pages 406-422, March.
- David Andolfatto & Scott Hendry & Kevin Moran, 2005. "Are Inflation Expectations Rational?," Macroeconomics 0501002, University Library of Munich, Germany.
- David Andolfatto & Scott Hendry & Kevin Moran, 2007. "Are Inflation Expectations Rational?," Working Paper series 27_07, Rimini Centre for Economic Analysis.
- Cukierman, Alex, 1982.
"Relative price variability, inflation and the allocative efficiency of the price system,"
Journal of Monetary Economics, Elsevier, vol. 9(2), pages 131-162.
- Cukierman, Alex, 1981. "Relative Price Variability, Inflation and the Allocative Efficiency of the Price System," Foerder Institute for Economic Research Working Papers 275330, Tel-Aviv University > Foerder Institute for Economic Research.
- Nelson, Edward, 2003.
"The future of monetary aggregates in monetary policy analysis,"
Journal of Monetary Economics, Elsevier, vol. 50(5), pages 1029-1059, July.
- Nelson, Edward, 2003. "The Future of Monetary Aggregates in Monetary Policy Analysis," CEPR Discussion Papers 3897, C.E.P.R. Discussion Papers.
- Hartley, Peter R. & Whitt Jr, Joseph A., 2003. "Macroeconomic fluctuations: Demand or supply, permanent or temporary?," European Economic Review, Elsevier, vol. 47(1), pages 61-94, February.
- Michael D. Bordo & Anna J. Schwartz, 1987.
"The Importance of Stable Money: Theory and Evidence,"
NBER Chapters, in: Money in Historical Perspective, pages 255-270,
National Bureau of Economic Research, Inc.
- Michael D, Bordo & Anna J. Schwartz, 1983. "The Importance of Stable Money: Theory and Evidence," Cato Journal, Cato Journal, Cato Institute, vol. 3(1), pages 63-91, Spring.
- Smant, David J. C., 1998. "Modelling trends, expectations and the cyclical behaviour of prices," Economic Modelling, Elsevier, vol. 15(1), pages 151-161, January.
- Marianne, Ojo, 2014. "Central bank independence, policies and reforms: addressing political and economic linkages," MPRA Paper 54205, University Library of Munich, Germany.
- Michael D. Bordo, 1989.
"The Contribution of "A Monetary History of the United States, 1867-1960" to Monetary History,"
NBER Chapters, in: Money, History, and International Finance: Essays in Honor of Anna J. Schwartz, pages 15-78,
National Bureau of Economic Research, Inc.
- Michael D. Bordo, 1988. "The Contribution of a Monetary History of the United States: 1867 to 1960 To Monetary History," NBER Working Papers 2549, National Bureau of Economic Research, Inc.
- Céline Choulet, 2004. "Public employment and labour market performance: centralization wage setting effects," Cahiers de la Maison des Sciences Economiques v04036, Université Panthéon-Sorbonne (Paris 1).
- Hubert Kempf, 1991. "Chocs persistants, information imparfaite et indexation des salaires optimale," Revue Économique, Programme National Persée, vol. 42(1), pages 5-28.
- Periklis Gogas & Theophilos Papadimitriou & Emmanouil Sofianos, 2022. "Forecasting unemployment in the euro area with machine learning," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 41(3), pages 551-566, April.
- Langfeldt, Enno & Trapp, Peter, 1982. "The relationship between money, economic activity, and prices in Norway," Kiel Working Papers 140, Kiel Institute for the World Economy (IfW Kiel).
- Green, Steven L. & Grossman, Herschel I., 1986.
"The illusion of stabilization policy?,"
Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 25(1), pages 221-235, January.
- Steven L. Green & Herschel I. Grossman, 1986. "The Illusion of Stabilization Policy?," NBER Working Papers 1889, National Bureau of Economic Research, Inc.
- Robert J. Barro, 1988. "Interest-Rate Smoothing," NBER Working Papers 2581, National Bureau of Economic Research, Inc.
- Benjamin M. Friedman, 1986. "Money, Credit, and Interest Rates in the Business Cycle," NBER Chapters, in: The American Business Cycle: Continuity and Change, pages 395-458, National Bureau of Economic Research, Inc.
- Gordon, Robert J, 1984.
"Supply Shocks and Monetary Policy Revisited,"
American Economic Review, American Economic Association, vol. 74(2), pages 38-43, May.
- Robert J. Gordon, 1984. "Supply Shocks and Monetary Policy Revisited," NBER Working Papers 1301, National Bureau of Economic Research, Inc.
- Moran, Kevin & Nono, Simplice Aimé, 2018. "Gradual learning about shocks and the forward premium puzzle," Journal of International Money and Finance, Elsevier, vol. 88(C), pages 79-100.
- Vlaar, Peter J.G., 2007. "GDP growth and currency valuation: The case of the dollar," Journal of International Money and Finance, Elsevier, vol. 26(8), pages 1424-1449, December.
- Sylvie Rivot, 2020. "Information and Expectations in Policy-Making: Friedman's Changing Approaches to Macroeconomic Dynamics," GREDEG Working Papers 2020-39, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- repec:eee:labchp:v:2:y:1986:i:c:p:921-999 is not listed on IDEAS
- Peter R. Hartley & Joseph A. Whitt, 1997. "Macroeconomic fluctuations in Europe: demand or supply, permanent or temporary?," FRB Atlanta Working Paper 97-14, Federal Reserve Bank of Atlanta.
- Allan H. Meltzer, 2014. "Current Lessons from the Past: How the Fed Repeats Its History," Cato Journal, Cato Journal, Cato Institute, vol. 34(3), pages 519-539, Fall.
- Allan H. Meltzer, 2013. "What's Wrong with the Fed? What Would Restore Independence?," Cato Journal, Cato Journal, Cato Institute, vol. 33(3), pages 401-416, Fall.
- David Andolfatto & Scott Hendry & Kevin Moran, 2002. "Inflation Expectations and Learning about Monetary Policy," Staff Working Papers 02-30, Bank of Canada.
- Putnam, Bluford H. & Azzarello, Samantha, 2015. "Evolving dynamics of the relationship between US core inflation and unemployment," Review of Financial Economics, Elsevier, vol. 25(C), pages 27-34.
- Lage, Maureen J., 1997. "The permanent income hypothesis under permanent-transitory confusion," Journal of Economics and Business, Elsevier, vol. 49(1), pages 77-90, February.
- Victor Zarnowitz, 1984. "Recent Work on Business Cycles in Historical Perspective: Review of Theories and Evidence," NBER Working Papers 1503, National Bureau of Economic Research, Inc.
- Kim, Insu & Kim, Minsoo, 2009. "Irrational Bias in Inflation Forecasts," MPRA Paper 16447, University Library of Munich, Germany.