British inflation and unemployment in the 1970s: A model-based decomposition

Applied Economics

Volumn 28, Issue 1, 1996, Pages 103-115

  Matthews, Kent ^a   Minford, Patrick ^b  

^a LIVERPOOL JOHN MOORES UNIVERSITY   (United Kingdom)

^b UNIVERSITY OF LIVERPOOL   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

HISTORICAL STUDIES; INFLATION PROCESS; POLICY IMPACT; RATIONAL EXPECTATIONS MODEL; STAGFLATION; TWENTIETH CENTURY; UNEMPLOYMENT; UNION ROLE;

UK;

EID: 0029729137     PISSN: 00036846     EISSN: None     Source Type: Journal    
DOI: 10.1080/00036849600000013     Document Type: Article

References (13)

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3. Artis, M. J., Bladen-Hovell, R. and Ma, Y. (1994) The measurement of policy effects in a forward-looking model: an application to economic policy in the UK, 1974-79. Oxford Economic Papers, 46, 277-295.
4. Artis, M. J. and Green, C. J. (1982) Using the treasury model to measure the impact of fiscal policy, 1974-79, in Demand Management, Supply Constraints and Inflation, M. J. Artis, C. J. Green, D. Leslie and G. W. Smith (eds), Manchester University Press, Manchester.
5. Matthews, K. (1985) Forecasting with a rational expectations model of the UK, Oxford Bulletin of Economics & Statistics, 47, 311-336.
6. Matthews, K. and Minford, P. (1987) Mrs Thatcher's economic policies 1979-87, Economic Policy, 5, 57-101.
7. Marwaha, S. (1986) Practical considerations when solving non-linear rational expectations models, ESRC-LSE DEMEIC Econometrics Programme, Discussion Paper, A. 63
8. Minford, P. (1980) A rational expectations model of the UK under fixed and floating exchange rates, Carnegie-Rochester Series on Public Policy, 12, 293-355.
9. Minford, P. (1981) Comparison of NIESR and Liverpool model errors: a note, National Institute Economic Review, 97, 87.
10. Minford, P., Davies, D., Peel, M. and Sprague, A. (1983) Unemployment: Cause and Cure, Martin Robertson, Oxford.
11. Minford, P., Marwaha, S., Matthews, K. and Sprague, A. (1984) The Liverpool macroeconomic model of the United Kingdom, Economic Modelling, January, p. 24.
12. Sargent, T. J. and Wallace, N. (1981) Some unpleasant monetarist arithmetic, Quarterly Review of the Federal Reserve Bank of Minneapolis, Fall, 1-17.
13. Theil, H. (1966) Applied Economic Forecasting, North-Holland, Amsterdam.