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Inflation and unemployment : the evolution of the Phillips curve / Richard G. Lipsey and William Scarth

By: Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: Elgar research reviews in economics | Edward Elgar E-Book ArchivePublisher: Cheltenham : Edward Elgar Pub. Ltd, 2011Description: 1 Online-Ressource (1 v) ; cmISBN:
  • 9781784712747
Subject(s): Additional physical formats: Erscheint auch als: Inflation and unemployment. Druck-Ausgabe. Cheltenham [u.a.] : Elgar, 2011LOC classification:
  • HD5710.2
DOI: DOI: 10.4337/9781784712747Online resources: Summary: '... the volume constitutes an important collection, which portrays the evolution of the Phillips Curve and the potency of policy debates in a single canvas in an elegant and comprehensive manner. The gaps that seem to have remained may be remedied by the editors in the form of a companion volume discussing open economies and global interdependence. The production quality and editing of the book are also excellent ...'--Biswajit Chatterjee, Indian Society of Labour Economics. This authoritative three-volume collection provides a comprehensive anthology of many of the most important and influential articles written since the publication of Phillips' 1958 study - the most-cited macroeconomic paper published in the 20th century. Along with an original introduction by the editors, the papers evaluate the original contribution and place it in its historical context. The works also discuss the strengths and weaknesses of the New Classical critique and the expectations augmented Phillips Curve that resulted from it, and critique the part played by the 'New Keynesian Phillips Curve' in the New neo-Classical Synthesis that has emerged in macroeconomics. This indispensable volume will be of immense value to students, scholars and practitioners interested in the field of economics, and the Phillips Curve in particularSummary: A.W. Phillips (1958), 'The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861-1957', Economica, 25 (100), November, 283-99 -- Richard G. Lipsey (2010), 'The Phillips Curve', in Mark Blaug and Peter Lloyd (eds), Famous Figures and Diagrams in Economics, Chapter 50, Cheltenham, UK and Northampton, MA: Edward Elgar Publishing Ltd, 377-92 -- K.G.J.C. Knowles and C.B. Winsten (1959), 'Can the Level of Unemployment Explain Changes in Wages?', Bulletin of the Oxford University Institute of Statistics, 21 (2), May, 113-20 -- Guy Routh (1959), 'The Relation Between Unemployment and the Rate of Change of Money Wage Rates: A Comment', Economica, 26 (104), November, 299-315 -- Richard G. Lipsey (1960), 'The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1862-1957: A Further Analysis', Economica, 27 (105), February, 1-31 -- James M. Holmes and David J. Smyth (1970), 'The Relation Between Unemployment and Excess Demand for Labour: An Examination of the Theory of the Phillips Curve', Economica, 37 (147), August, 311-15 -- Richard G. Lipsey (1974), 'The Micro Theory of the Phillips Curve Reconsidered: A Reply to Holmes and Smyth', Economica, 41 (161), February, 62-70 -- Nancy J. Wulwick (1996), 'Two Econometric Replications: The Historic Phillips and Lipsey-Phillips Curves', History of Political Economy, 28 (3), 391-439 -- L.A. Dicks-Mireaux and J.C.R. Dow (1959), 'The Determinants of Wage Inflation: United Kingdom, 1946-56' and 'Discussion on Paper', Journal of the Royal Statistical Society: Series A (General), 122 (2), 145-84 -- L.R. Klein and R.J. Ball (1959), 'Some Econometrics of the Determination of Absolute Prices and Wages', Economic Journal, 69 (275), September, 465-82 -- John H. Pencavel (1971), 'A Note on the Comparative Predictive Performance of Wage Inflation Models of the British Economy', Economic Journal, 81 (321), March, 113-19 -- S.G.B. Henry, M.C. Sawyer and P. Smith (1976), 'Models of Inflation in the United Kingdom: An Evaluation', National Institute Economic Review, 77, 60-71 -- D.I. MacKay and R.A. Hart (1974), 'Wage Inflation and the Phillips Relationship', Manchester School of Economic and Social Studies, XLII (2), June, 136-61 -- Paul A. Samuelson and Robert M. Solow (1960), 'Analytical Aspects of Anti-inflation Policy', American Economic Review, 50 (2), May, 177-94 -- G.L. Perry (1964), 'The Determinants of Wage Rate Changes and the Inflation-Unemployment Trade-off for the United States', Review of Economic Studies, 31 (4), October, 287-308 -- William G. Bowen and R. Albert Berry (1963), 'Unemployment Conditions and Movements of the Money Wage Level', Review of Economics and Statistics, 45 (2), May, 163-72 -- Otto Eckstein and Thomas A. Wilson (1962), 'The Determination of Money Wages in American Industry', Quarterly Journal of Economics, 76 (3), August, 379-414 -- Jim Taylor (1970), 'Hidden Unemployment, Hoarded Labor, and the Phillips Curve', Southern Economic Journal, XXXVII (1), July, 1-16 -- J.C.R. Rowley and D.A. Wilton (1973), 'The Empirical Sensitivity of the Phillips Curve', American Economist, XVII (2), Fall, 90-112Summary: Edward A. Kuska (1966), 'The Simple Analytics of the Phillips Curve', Economica, 33 (132), November, 462-7 -- G.C. Archibald, Robyn Kemmis and J.W. Perkins (1974), 'Excess Demand for Labour, Unemployment and the Phillips Curve: A Theoretical and Empirical Study', in D. Laidler and D. Purdy (eds), Inflation and Labour Markets, Chapter 5, Manchester, UK: Manchester University Press, 109-63 -- A.P. Thirlwall (1969), 'Demand Disequilibrium in the Labour Market and Wage Rate Inflation in the United Kingdom (1)', Yorkshire Bulletin of Economic and Social Research, 21 (1), May, 66-76 -- David J. Smyth (1979), 'Unemployment Dispersion and Phillips Loops: A Direct Test of the Lipsey Hypothesis', Oxford Bulletin of Economics and Statistics, 41, 227-33 -- G.L. Reuber (1964), 'The Objectives of Canadian Monetary Policy, 1949-61: Empirical "Trade-offs " and the Reaction Function of the Authorities', Journal of Political Economy, LXXII (2), April, 109-32 -- David Laidler (1997), 'The Emergence of the Phillips Curve as a Policy Menu', in B. Curtis Eaton and Richard G. Harris (eds), Trade, Technology and Economics: Essays in Honour of Richard G. Lipsey, Chapter 4, Cheltenham, UK and Brookfield, MA: Edward Elgar Publishing Ltd, 88-106 -- Robert Leeson (1997), 'The Trade-off Interpretation of Phillips's Dynamic Stabilization Exercise', Economica, 64 (253), February, 155-71 -- Richard G. Lipsey and M.D. Steuer (1961), 'The Relation Between Profits and Wage Rates', Economica, 28 (110), May, 137-55 -- E. Kuh (1967), 'A Productivity Theory of Wage Levels - An Alternative to the Phillips Curve', Review of Economic Studies, 34 (4), October, 333-60 -- Meghnad Desai (1975), 'The Phillips Curve: A Revisionist Interpretation', Economica, 42 (165), February, 1-19 -- C.L. Gilbert (1976), 'The Original Phillips Curve Estimates', Economica, 43 (169), February, 51-7 -- Milton Friedman (1968), 'The Role of Monetary Policy', American Economic Review, LVIII (1), March, 1-17 -- Edmund S. Phelps (1967), 'Phillips Curves, Expectations of Inflation and Optimal Unemployment Over Time', Economica, 34 (135), August, 254-81 -- Edmund S. Phelps (1968), 'Money-Wage Dynamics and Labor-Market Equilibrium', Journal of Political Economy, 76 (4, part 2), July-August, 678-711 -- Milton Friedman (1977), 'Nobel Lecture: Inflation and Unemployment', Journal of Political Economy, 85 (3), June, 451-72 -- Robert E. Lucas, Jr and Leonard A. Rapping (1969), 'Price Expectations and the Phillips Curve', American Economic Review, 59 (3), June, 342-50 -- James Tobin (1972), 'Inflation and Unemployment', American Economic Review, 62 (1/2), March, 1-18 -- Gordon Tullock (1972), 'Can You Fool All of the People All of the Time?: A Comment', Journal of Money, Credit and Banking, 4 (2), May, 426-30 -- James Tobin and Leonard Ross (1972), 'A Reply to Gordon Tullock', Journal of Money, Credit and Banking, 4 (2), May, 431-6Summary: Kaldor, Nicholas (1959), 'Economic growth and the problem of inflation - Part II', Economica, 26, 287-98. -- Keynes, J.M. (1936), The General Theory of Employment, Interest and Money, London: Macmillan. -- King, R.G. (1986), 'The new IS-LM model: language, logic and limits', Federal Reserve Bank of Richmond Quarterly Review, 86, 45-103. -- King, R.G. (2008), 'The Phillips Curve and U.S. macroeconomic policy: snapshots, 1958-1996', Federal Reserve Bank of Richmond Quarterly Review, 94, 311-59. -- Laidler, D.E.W.. and M. Parkin (1975), 'Inflation: a survey', Economic Journal, 85, 741-809. -- Leeson, Robert (1994), 'Some misunderstandings concerning the contributions made by A.W.H. Phillips and R.G. Lipsey to the inflation-unemployment literature', History of Economics Review, 22, 70-82. -- Leeson, Robert (ed.) (2000), A.W.H. Phillips: Collected Works in Contemporary Perspective, Cambridge: Cambridge University Press. -- Leijonhuvfud, A. (1973), 'Effective demand failures', Swedish Economic Journal, 74, 27-48. -- Lipsey, Richard G. (2007), 'Reflections on the general theory of second best at its golden jubilee', International Tax Public Finance, 14, 349-64. -- Lipsey, Richard G. (2010), 'Evolutionary economics and the disappearing NAIRU and Phillips Curve', in 'Schumpeter for our Century', Special Issue of Homo Oeconomicus, 27 (1/2), 145-76. -- Lipsey, Richard G., Kenneth Carlaw and Clifford Bekar (2005), Economic Transformations: General Purpose Technologies and Long Term Economic Growth', Oxford: Oxford University Press. -- Mankiw, N.G. (2007), Macroeconomics, sixth edition, New York: Worth. -- Mankiw, N.G. and D. Romer (eds) (1991), New Keynesian Economics, Volume 1: Imperfect Competition and Sticky Prices, Cambridge, MA: MIT Press. -- Mankiw, N.G. and D. Romer (eds) (1991), New Keynesian Economics, Volume 2: Coordination Failures and Real Rigidities, Cambridge, MA: MIT Press. -- Mankiw, N.G. and W. Scarth (2011), Macroeconomics, fourth Canadian edition, New York: Worth. -- McCallum, B.T. (1980), 'Rational expectations and macroeconomic stabilization policy: an overview', Journal of Money, Credit and Banking, 12, 716-46. -- Meiselman, D. (1968), 'Comment: is there a meaningful trade-off between inflation and unemployment?', Journal of Political Economy, 76, 743-9. -- Mussa, M. (1981), 'Sticky prices and disequilibrium adjustment in a rational model of the inflationary process', American Economic Review, 71, 1020-27. -- Nason, J.M. and G.W. Smith (2008), 'The new-Keynesian Phillips Curve: lessons from single-equation econometric estimation', Federal Reserve Bank of Richmond Quarterly Review, 94, 361-95Summary: Nelson, R. and S. Winter (1982), An Evolutionary Theory of Economic Change, Cambridge, MA: Harvard University Press. -- Newlyn, Walter, (2000), 'The origins of the machine in a personal context', Chapter 8 in Robert Leeson (ed.), A.W.H. Phillips: Collected Works in Contemporary Perspective, Cambridge: Cambridge University Press, 31-8. -- Paish, F.W. (1966), Studies in an Inflationary Economy: The United Kingdom, 1948-1961, London: Macmillan. -- Phillips, A.W.H.. (1957), 'Stabilisation policy and the time-forms of lagged responses', Economic Journal, 67, 265-77. -- Ramsey, Frank P. (1928), 'A mathematical theory of saving', Economic Journal, 38, 543-59. -- Ravenna, F. and C. Walsh (2008), 'Vacancies, unemployment, and the Phillips Curve', European Economic Review, 52, 1494-521. -- Rosen, H. and R.E. Quandt (1978), 'Estimating a disequilibrium aggregate labor market', Review of Economics and Statistics, 60, 371-9. -- Rosenberg, Nathan (1982), Inside the Black Box: Technology and Economics, Cambridge: Cambridge University Press. -- Rosenberg, Nathan (1994), Exploring The Black Box: Technology, Economics And History, Cambridge: Cambridge University Press. -- Rosenberg, Nathan (2010), Studies on Science and the Innovation Process, New Jersey: World Scientific Publishing Company. -- Sargent, T.J. (1982), 'The ends of four big inflations', in R.E. Hall (ed.), Inflation, Chicago: Chicago University Press. -- Schorfheide, F. (2008), 'DSGE model-based estimation of the new-Keynesian Phillips Curve, Federal Reserve Bank of Richmond Quarterly Review, 94, 397-433. -- Schmitt-Grohé, S. and M. Uribe (2008), 'Policy implications of the new-Keynesian Phillips Curve', Federal Reserve Bank of Richmond Quarterly Review, 94, 435-65. -- Schumpeter, Joseph (1934), The Theory of Economic Development, English Translation, Cambridge, MA: Harvard University Press (first published in German 1912). -- Turnovsky, S.J. (2011), 'Stabilization theory and policy: 50 years after the Phillips Curve', Economica, 78, 67-88. -- Vandercamp, J. (1972), 'Inflation: a simple Friedman theory with a Phillips twist', Journal of Monetary Economics, 1(1), 117-22. -- Wulwick, Nancy J. (1987), 'The Phillips Curve: Which? Whose? To do What? How?', Southern Economics Journal, 53, 834-57. -- Irving Fisher (1926), 'A Statistical Relation Between Unemployment and Price Changes', International Labour Review, XIII (6), June, 785-92Summary: Paul Beaudry and Matthew Doyle (2000), 'What Happened to the Phillips Curve in the 1990s in Canada?', Steven James, 'Discussion', Jeffrey Fuhrer, 'Discussion' and Maral Kichian, 'General Discussion', Price Stability and the Long-run Target for Monetary Policy: Proceedings of a Seminar Held by the Bank of Canada, June, 51-97 -- A.W. Phillips (1954), 'Stabilisation Policy in a Closed Economy', Economic Journal, 64 (254), June, 290-323 -- Richard G. Lipsey (1978), 'The Place of the Phillips Curve in Macroeconomic Models', in A.R. Bergstrom, A.J.L. Catt, M.H. Peston and B.D.J. Silverston (eds), Stability and Inflation: A Volume of Essays to Honour the Memory of A.W.H. Phillips, Chapter 4, Chichester, UK and New York, NY: John Wiley and Sons, 49-75 -- Bennett T. McCallum (1987), 'The Development of Keynesian Macroeconomics', American Economic Review, 77 (2), May, 125-9 -- Alan S. Blinder (1987), 'Keynes, Lucas, and Scientific Progress', American Economic Review, 77 (2), May, 130-36 -- Richard G. Lipsey (2000), 'IS-LM, Keynesianism, and the New Classicism', in Roger E. Backhouse and Andrea Salanti (eds), Macroeconomics and the Real World, Volume 2: Keynesian Economics, Unemployment, and Policy, Chapter 4a, New York, NY: Oxford University Press, 57-82 -- Stanley Fischer (1977), 'Long-term Contracts, Rational Expectations, and the Optimal Money Supply Rule', Journal of Political Economy, 85 (1), February, 191-205 -- Edmund S. Phelps and John B. Taylor (1977), 'Stabilizing Powers of Monetary Policy under Rational Expectations', Journal of Political Economy, 85 (1), February, 163-90 -- Stephen J. Turnovsky (1984), 'Rational Expectations and the Theory of Macroeconomic Policy: An Exposition of Some of the Issues', Journal of Economic Education, 15 (1), Winter, 55-69 -- Alex Cukierman (1986), 'Central Bank Behavior and Credibility: Some Recent Theoretical Developments', Federal Reserve Bank of St. Louis Review, May, 5-17 -- John B. Taylor (1994), 'The Inflation/Output Variability Trade-off Revisited (including 'Discussion' by Lawrence M. Ball)', in Jeffrey C. Fuhrer (ed.), Goals, Guidelines, and Constraints Facing Monetary Policymakers, Boston, MA: Federal Reserve Bank of Boston, 21-42 -- Michael Parkin (2000), 'What Have We Learned About Price Stability?', Peter Howitt, 'Discussion', W. Craig Riddell, 'Discussion', and Kim McPhail, 'General Discussion', Price Stability and the Long-run Target for Monetary Policy: Proceedings of a Seminar Held by the Bank of Canada, 223-81 -- Marvin Goodfriend (2004), 'Monetary Policy in the New Neoclassical Synthesis: A Primer', Federal Reserve Bank of Richmond Economic Quarterly, 90 (3), Summer, 21-45 -- Jeffrey M. Lacker and John A. Weinberg (2007), 'Inflation and Unemployment: A Layperson's Guide to the Phillips Curve', Federal Reserve Bank of Richmond Economic Quarterly, 93 (3), Summer, 201-27 -- Guillermo A. Calvo (1983), 'Staggered Prices in a Utility-maximizing Framework', Journal of Monetary Economics, 12 (3), September, 383-98 -- N. Gregory Mankiw (2001), 'The Inexorable and Mysterious Tradeoff Between Inflation and Unemployment', Economic Journal, 111 (471), May, C45-C61 -- Jordi Galí (2000), 'The Return of the Phillips Curve and Other Recent Developments in Business Cycle Theory', Spanish Economic Review, 2, 1-10 -- Michael T. Kiley (2002), 'Partial Adjustment and Staggered Price Setting', Journal of Money, Credit and Banking, 34 (2), May, 283-98 -- N. Gregory Mankiw and Ricardo Reis (2003), 'Sticky Information: A Model of Monetary Nonneutrality and Structural Slumps', in Philippe Aghion, Roman Frydman, Joseph Stiglitz and Michael Woodford (eds), Knowledge, Information, and Expectations in Modern Macroeconomics: InHonor of Edmund S. Phelps, Chapter 3, Princeton, NJ and Oxford, UK: Princeton University Press, 64-86Summary: Recommended readings (Machine generated): Akerlof, G.A., W.T. Dickens and G.L. Perry (1996), 'The Macroeconomics of Low Inflation', Brookings Papers on Economics Activity, 1, 1-76. -- Arrow, K.J. and G. Debreu (1954), 'Existence of an Equilibrium for a Competitive Economy', Econometrica, 22, 265-90. -- Blanchflower, D. and A. Oswald (1994), The Wage Curve, Cambridge, MA: MIT Press. -- Card, D. (1995), 'The Wage Curve: A Review', Journal of Economic Literature, XXXIII, 785-99. -- Carlaw, Kenneth and Richard G. Lipsey (2010), 'Darwinian versus Newtonian Views of the Economy: the Schumpeterian versus New Classical Theories', paper presented at the 13th International Schumpeter Society Conference Aalborg, Denmark, June 21-24, 2010 -- Carlaw, Kenneth and Richard G. Lipsey (2011) 'Sustained Endogenous Growth Driven by Structured and Evolving General Purpose Technologies', Journal of Evolutionary Economics, in press. -- Crawford, A. and A. Harrison (1998), 'Testing for downward rigidity in nominal wage rates', in Price Stability, Inflation Targets, and Monetary Policy, Ottawa: Bank of Canada, 179-218. -- Dosi, Giovanni, Christopher Freeman, Richard Nelson, Gerald Silverberg and Luc Soete (eds) (1988), Technical Change and Economic Theory, London: Pinter. -- Dupasquier, C. and N. Ricketts (1998), 'Non-linearities in the output-inflation relationship', in Price Stability, Inflation Targets, and Monetary Policy, Ottawa: Bank of Canada, 179-218. -- Fisher, I. (1973), 'I discovered the Phillips Curve: a statistical relation between unemployment and price changes', Journal of Political Economy, 81 (2 part II), 496-502. -- Fortin, P. (1991), 'The Phillips Curve, macroeconomic policy, and the welfare of Canadians', Canadian Journal of Economics, 24, 774-803. -- Freeman, Christopher and Francisco Louçã (2001), As Time Goes By: From the Industrial Revolutions to the Information Revolution, Oxford: Oxford University Press. -- Fuhrer, J., J. Sneddon Little, Y.K. Kodrzycki and G.P. Olivei (eds) (2009), Understanding Inflation and the Implications for Monetary Policy: A Phillips Curve Retrospective, Cambridge, MA: MIT Press. -- Gordon, R.J. (2011), 'The history of the Phillips Curve: consensus and bifurcation', Economica, 78, 10-50. -- Granger, C.W.J.. and Y. Jeon (2011), 'The evolution of the Phillips Curve: a modern time series viewpoint', Economica, 78, 51-66. -- Hicks, J.R. (1937), 'Mr. Keynes and the classics; a suggested interpretation', Econometrica, 5, 147-59. -- Hicks, J.R. (1950), A Contribution to the Theory of the Trade Cycle, Oxford: Clarendon Press. -- Hornstein, A. (2008), 'Introduction to the New Keynesian Phillips Curve', Federal Reserve Bank of Richmond Quarterly Review, 94, 301-9. -- Howitt, P. and P. McAfee (1992), 'Animal spirits', American Economic Review, 82, 493-507Summary: Robert E. Lucas, Jr (1972), 'Econometric Testing of the Natural Rate Hypothesis', in Otto Eckstein (ed.), The Econometrics of Price Determination, Washington, DC: Board of Governors of the Federal Reserve System and Social Science Research Council, 50-59 -- Robert E. Lucas and Thomas J. Sargent (1978), 'After Keynesian Macroeconomics (including discussion by Benjamin M. Friedman and response and rebuttal by Robert E. Lucas and Thomas J. Sargent)', After the Phillips Curve: Persistence of High Inflation and High Unemployment, Boston, MA: Federal Reserve Bank of Boston, 49-83 -- Robert M. Solow (1978), 'Summary and Evaluation', After the Phillips Curve: Persistence of High Inflation and High Unemployment, Boston, MA: Federal Reserve Bank of Boston, 203-9 -- Arthur M. Okun (1978), 'Efficient Disinflationary Policies', American Economic Review, 68 (2), May, 348-52 -- Edmund Phelps (1995), 'The Origins and Further Development of the Natural Rate of Unemployment', in Rod Cross (ed.), The Natural Rate of Unemployment: Reflections on 25 Years of the Hypothesis, Chapter 2, Cambridge, UK: Cambridge University Press, 15-31 -- James Tobin (1995), 'The Natural Rate as New Classical Macroeconomics', in Rod Cross (ed.), The Natural Rate of Unemployment: Reflections on 25 Years of the Hypothesis, Chapter 3, Cambridge, UK: Cambridge University Press, 32-42 -- Robert E. Lucas, Jr (1996), 'Nobel Lecture: Monetary Neutrality', Journal of Political Economy, 104 (4), August, 661-82 -- Thomas J. Sargent (1971), 'A Note on the "Accelerationist " Controversy', Journal of Money, Credit and Banking, 3 (3), August, 721-5 -- John B. Taylor (1979), 'Estimation and Control of a Macroeconomic Model with Rational Expectations', Econometrica, 47 (5), September, 1267-86 -- George S. Alogoskoufis and Ron Smith (1991), 'The Phillips Curve, the Persistence of Inflation, and the Lucas Critique: Evidence from Exchange-rate Regimes', American Economic Review, 81 (5), December, 1254-75 -- Laurence Ball (1994), 'What Determines the Sacrifice Ratio?', in N. Gregory Mankiw (ed.), Monetary Policy, Chapter 5, Chicago, IL: University of Chicago Press, 155-82 -- Jeffrey C. Fuhrer (1995), 'The Phillips Curve is Alive and Well', New England Economic Review, March/April, 41-56 -- Laurence Ball and N. Gregory Mankiw (2002), 'The NAIRU in Theory and Practice', Journal of Economic Perspectives, 16 (4), Fall, 115-36 -- Anthony M. Santomero and John J. Seater (1978), 'The Inflation-Unemployment Trade-off: A Critique of the Literature', Journal of Economic Literature, XVI (2), June, 499-544 -- Robert J. Gordon (1990), 'What is New-Keynesian Economics?', Journal of Economic Literature, XXVIII (3), September, 1115-71 -- Robert G. King and Mark W. Watson (1994), 'The Post-war U.S. Phillips Curve: A Revisionist Econometric History', Carnegie- Rochester Conference Series on Public Policy, 41, December, 157-219 -- Charles L. Evans (1994), 'The Post-war U.S. Phillips Curve: A Comment', Carnegie-Rochester Conference Series on Public Policy, 41, December, 221-30 -- Bennett T. McCallum (1994), 'Identification of Inflation-Unemployment Tradeoffs in the 1970s: A Comment', Carnegie- Rochester Conference Series on Public Policy, 41, December, 231-41 -- Robert G. King and Mark W. Watson (1994), 'Rejoinder to Evans and McCallum', Carnegie-Rochester Conference Series on Public Policy, 41, December, 243-50Summary: Richard Dennis (2007), 'Fixing the New Keynesian Phillips Curve', Federal Reserve Bank of San Francisco Economic Letter, No. 2007-35, November, 1-3 -- Michael Woodford (2007), 'Interpreting Inflation Persistence: Comments on the Conference on "Quantitative Evidence on Price Determination", Journal of Money, Credit and Banking, 39 (1), February (Supplement), 203-10 -- Mark Gertler and John Leahy (2008), 'A Phillips Curve with an Ss Foundation', Journal of Political Economy, 116 (3), 533-72 -- John M. Roberts (1995), 'New Keynesian Economics and the Phillips Curve', Journal of Money, Credit and Banking, 27 (4, part 1), November, 975-84 -- Jeff Fuhrer and George Moore (1995), 'Inflation Persistence', Quarterly Journal of Economics, 110 (1), February, 127-59 -- Jeremy Rudd and Karl Whelan (2007), 'Modeling Inflation Dynamics: A Critical Review of Recent Research', Journal of Money, Credit and Banking, 39 (1), February (Supplement), 155-70 -- Luca Benati (2008), 'Investigating Inflation Persistence Across Monetary Regimes', Quarterly Journal of Economics, 123 (3), August, 1005-60 -- Jean-Marie Dufour, Lynda Khalaf and Maral Kichian (2006), 'Inflation Dynamics and the New Keynesian Phillips Curve: An Identification Robust Econometric Analysis', Journal of Economic Dynamics and Control, 30, 1707-27 -- Andreas Hornstein (2007), 'Evolving Inflation Dynamics and the New Keynesian Phillips Curve', Federal Reserve Bank of Richmond Economic Quarterly, 93 (4), Fall, 317-39PPN: PPN: 1023448343Package identifier: Produktsigel: ZDB-1-EWE
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