메뉴 건너뛰기




Volumn 37, Issue 4, 2004, Pages 999-1020

Price stickiness, trend inflation, and output dynamics: A cross-country analysis

Author keywords

[No Author keywords available]

Indexed keywords

FINANCIAL MARKET; INFLATION; PREDICTION; PRICE DETERMINATION;

EID: 10044295134     PISSN: 00084085     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.0008-4085.2004.00257.x     Document Type: Article
Times cited : (5)

References (26)
  • 1
    • 84959748430 scopus 로고
    • A near-rational model of the business cycle, with wage and price inertia
    • Akerlof, G.A., and J.L. Yellen (1985) 'A near-rational model of the business cycle, with wage and price inertia,' Quarterly Journal of Economics 100, 823-38
    • (1985) Quarterly Journal of Economics , vol.100 , pp. 823-838
    • Akerlof, G.A.1    Yellen, J.L.2
  • 2
    • 0040835742 scopus 로고
    • The new Keynesian economics and the output-inflation trade-off: Comment
    • Akerlof, G.A., A. Rose, and J.L. Yellen (1988) 'The new Keynesian economics and the output-inflation trade-off: comment,' Brookings Papers on Economic Activity 0(1), 66-75
    • (1988) Brookings Papers on Economic Activity , vol.0 , Issue.1 , pp. 66-75
    • Akerlof, G.A.1    Rose, A.2    Yellen, J.L.3
  • 3
    • 10044248135 scopus 로고
    • The Lucas hypothesis on the Phillips curve: Further international evidence
    • Alberro, J. (1981) 'The Lucas hypothesis on the Phillips curve: further international evidence,' Journal of Monetary Economics 20, 25-50
    • (1981) Journal of Monetary Economics , vol.20 , pp. 25-50
    • Alberro, J.1
  • 4
    • 0000050729 scopus 로고    scopus 로고
    • Persistency in sticky price models
    • Anderson, T.M. 1998 'Persistency in sticky price models,' European Economic Review 42, 593-603
    • (1998) European Economic Review , vol.42 , pp. 593-603
    • Anderson, T.M.1
  • 6
    • 0002236527 scopus 로고    scopus 로고
    • Staggered pricing, translog preferences, and endogenous persistence
    • Bergin, P.R. and R.C. Feenstra (1998) 'Staggered pricing, translog preferences, and endogenous persistence,' Journal of Monetary Economics 45, 657-80
    • (1998) Journal of Monetary Economics , vol.45 , pp. 657-680
    • Bergin, P.R.1    Feenstra, R.C.2
  • 7
    • 48749143178 scopus 로고
    • Staggered prices in a utility-maximizing framework
    • Calvo, G.A. (1983) 'Staggered prices in a utility-maximizing framework,' Journal of Monetary Economics 12, 383-98
    • (1983) Journal of Monetary Economics , vol.12 , pp. 383-398
    • Calvo, G.A.1
  • 8
    • 0001682128 scopus 로고    scopus 로고
    • Sticky price models of the business cycle: Can the contract multiplier solve the persistence problem?
    • Chari, V.V., P.J. Kehoe, and E.R. McGrattan (2000) 'Sticky price models of the business cycle: can the contract multiplier solve the persistence problem?' Econometrica 68, 1354-86
    • (2000) Econometrica , vol.68 , pp. 1354-1386
    • Chari, V.V.1    Kehoe, P.J.2    McGrattan, E.R.3
  • 9
    • 0001534728 scopus 로고
    • Output dynamics in real business cycle models
    • Cogley, T., and J. Nason (1995) 'Output dynamics in real business cycle models,' American Economic Review 85, 492-511
    • (1995) American Economic Review , vol.85 , pp. 492-511
    • Cogley, T.1    Nason, J.2
  • 10
    • 0001736876 scopus 로고
    • International evidence on a new Keynesian theory of the output-inflation trade-off
    • Defina, R.H. (1991) 'International evidence on a new Keynesian theory of the output-inflation trade-off,' Journal of Money, Credit, and Banking 23, 410-422
    • (1991) Journal of Money, Credit, and Banking , vol.23 , pp. 410-422
    • Defina, R.H.1
  • 11
    • 0040322024 scopus 로고    scopus 로고
    • State dependent pricing and the general equilibrium dynamics of money and output
    • Dotsey, M., R. King, and A.L. Wolman (1999) 'State dependent pricing and the general equilibrium dynamics of money and output,' Quarterly Journal of Economics 114, 655-90
    • (1999) Quarterly Journal of Economics , vol.114 , pp. 655-690
    • Dotsey, M.1    King, R.2    Wolman, A.L.3
  • 12
    • 0036208052 scopus 로고    scopus 로고
    • Price-setting, staggered wage-setting, and business cycle persistence
    • Huang, K., and Z. Liu (1998) 'Price-setting, staggered wage-setting, and business cycle persistence,' Journal of Monetary Economics 49, 405-33
    • (1998) Journal of Monetary Economics , vol.49 , pp. 405-433
    • Huang, K.1    Liu, Z.2
  • 13
    • 0000269553 scopus 로고    scopus 로고
    • Generating real persistent effects of monetary shocks: How much nominal rigidity do we really need?
    • Jeanne, O. (1998) 'Generating real persistent effects of monetary shocks: how much nominal rigidity do we really need?' European Economic Review 42, 1009-32
    • (1998) European Economic Review , vol.42 , pp. 1009-1032
    • Jeanne, O.1
  • 14
    • 0034417841 scopus 로고    scopus 로고
    • Endogenous price stickiness and business cycle persistence
    • Kiley, M. T. (2000) 'Endogenous price stickiness and business cycle persistence,' Journal of Money Credit and Banking 32, 28-53
    • (2000) Journal of Money Credit and Banking , vol.32 , pp. 28-53
    • Kiley, M.T.1
  • 15
    • 0035589352 scopus 로고    scopus 로고
    • Price stickiness, inflation, and persistence in real exchange rate fluctuations: Cross country results
    • Khan, H. (2001) 'Price stickiness, inflation, and persistence in real exchange rate fluctuations: cross country results,' Economics Letters 71, 247-53
    • (2001) Economics Letters , vol.71 , pp. 247-253
    • Khan, H.1
  • 16
    • 0002887926 scopus 로고    scopus 로고
    • Inflation targeting in a St. Louismodel of the 21st century
    • King, R., and A.L. Wolman (1996) 'Inflation targeting in a St. Louismodel of the 21st century,' Federal Reserve Bank of St. Louis Review 78, 83-107
    • (1996) Federal Reserve Bank of St. Louis Review , vol.78 , pp. 83-107
    • King, R.1    Wolman, A.L.2
  • 17
    • 0030525268 scopus 로고    scopus 로고
    • Do government policy multipliers decrease with inflation?
    • Koelln, K., M. Rush, and D. Waldo (1996) 'Do government policy multipliers decrease with inflation?' Journal of Monetary Economics 38, 495-505
    • (1996) Journal of Monetary Economics , vol.38 , pp. 495-505
    • Koelln, K.1    Rush, M.2    Waldo, D.3
  • 18
    • 0000085909 scopus 로고
    • Some international evidence on output inflation tradeoffs
    • Lucas, R.E. Jr. (1973) 'Some international evidence on output inflation tradeoffs,' American Economic Review 63, 326-34
    • (1973) American Economic Review , vol.63 , pp. 326-334
    • Lucas Jr., R.E.1
  • 19
    • 84959778075 scopus 로고
    • Small menu costs and large business cycles: A macroeconomic model of monopoly
    • Mankiw, N.G. (1985) 'Small menu costs and large business cycles: a macroeconomic model of monopoly,' Quarterly Journal of Economics 100, 529-39
    • (1985) Quarterly Journal of Economics , vol.100 , pp. 529-539
    • Mankiw, N.G.1
  • 21
    • 38249021048 scopus 로고
    • Staggered price setting with endogenousfrequency of adjustment
    • Romer, D. (1990) 'Staggered price setting with endogenousfrequency of adjustment,' Economics Letters 32, 205-10
    • (1990) Economics Letters , vol.32 , pp. 205-210
    • Romer, D.1
  • 22
    • 84959816242 scopus 로고
    • Inflation and costs of price adjustments
    • Sheshinski, E., and Weiss, Y. (1977) 'Inflation and costs of price adjustments,' Review of Economic Studies 44, 287-304
    • (1977) Review of Economic Studies , vol.44 , pp. 287-304
    • Sheshinski, E.1    Weiss, Y.2
  • 23
    • 0003053945 scopus 로고
    • Aggregate dynamics and staggered contracts
    • Taylor, J.B. (1980) 'Aggregate dynamics and staggered contracts,' Journal of Political Economy 88, 1-23
    • (1980) Journal of Political Economy , vol.88 , pp. 1-23
    • Taylor, J.B.1
  • 24
    • 84944452417 scopus 로고
    • Outliers, level shifts, and variance changes in time series
    • Tsay, R.S. (1988) 'Outliers, level shifts, and variance changes in time series,' Journal of Forecasting 7, 1-20
    • (1988) Journal of Forecasting , vol.7 , pp. 1-20
    • Tsay, R.S.1
  • 25
    • 0003684272 scopus 로고    scopus 로고
    • Control of the public debt: A requirement for price stability
    • NBER Working Paper No. 5684
    • Woodford, M. (1996) 'Control of the public debt: a requirement for price stability,' NBER Working Paper No. 5684
    • (1996)
    • Woodford, M.1
  • 26
    • 0030119294 scopus 로고    scopus 로고
    • Nominal price rigidity, money supply endogeneity, and the business cycle
    • Yun, T. (1996) 'Nominal price rigidity, money supply endogeneity, and the business cycle,' Journal of Monetary Economics 37, 345-70
    • (1996) Journal of Monetary Economics , vol.37 , pp. 345-370
    • Yun, T.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.