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Volumn 52, Issue 2, 2005, Pages 477-496

Discretionary monetary policy and inflation persistence

Author keywords

Credibility; Disinflation; Inflation persistence; Monetary policy

Indexed keywords


EID: 15844385613     PISSN: 03043932     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jmoneco.2004.05.006     Document Type: Article
Times cited : (20)

References (19)
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    • (1999)
    • Andolfatto, D.1    Gomme, P.2
  • 2
    • 0002477082 scopus 로고
    • What determines the sacrifice ratio
    • Ball, L., 1993. What determines the sacrifice ratio. NBER Working Paper 4306.
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    • Ball, L.1
  • 3
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    • Credible disinflation with staggered price-setting
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    • (1994) American Economic Review , vol.84 , pp. 282-289
    • Ball, L.1
  • 4
    • 0009380137 scopus 로고
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    • L. Ball Disinflation with imperfect credibility Journal of Monetary Economics 36 1995 329-350
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    • Ball, L.1
  • 5
    • 84983958104 scopus 로고
    • A positive theory of monetary policy in a natural rate model
    • R. Barro D. Gordon A positive theory of monetary policy in a natural rate model Journal of Political Economy 91 1983 589-610
    • (1983) Journal of Political Economy , vol.91 , pp. 589-610
    • Barro, R.1    Gordon, D.2
  • 6
    • 0003394380 scopus 로고
    • Hard heads soft hearts: Tough-minded economics for a just society
    • New York: Addison-Wesley
    • A. Blinder Hard heads soft hearts: Tough-minded economics for a just society 1987 Addison-Wesley New York
    • (1987)
    • Blinder, A.1
  • 9
    • 0009403656 scopus 로고    scopus 로고
    • Imperfect credibility and inflation persistence
    • Working Paper Federal Reserved Board
    • Erceg C. Levin A. 2001 Imperfect credibility and inflation persistence Working Paper Federal Reserved Board
    • (2001)
    • Erceg, C.1    Levin, A.2
  • 11
    • 0037996863 scopus 로고    scopus 로고
    • Expectations, credibility and disinflation in a small macroeconomic model
    • C. Huh K. Lansing Expectations, credibility and disinflation in a small macroeconomic model Journal of Economics and Business 51 2000 51-86
    • (2000) Journal of Economics and Business , vol.51 , pp. 51-86
    • Huh, C.1    Lansing, K.2
  • 13
    • 0033211668 scopus 로고    scopus 로고
    • Does the time-consistency problem explain the behavior of inflation in the United States?
    • P. Ireland Does the time-consistency problem explain the behavior of inflation in the United States? Journal of Monetary Economics 44 1999 279-291
    • (1999) Journal of Monetary Economics , vol.44 , pp. 279-291
    • Ireland, P.1
  • 15
    • 0000643498 scopus 로고
    • Rules rather than discretion: The inconsistency of optimal plans
    • F. Kydland E. Prescott Rules rather than discretion: The inconsistency of optimal plans Journal of Political Economy 85 1977 473-492
    • (1977) Journal of Political Economy , vol.85 , pp. 473-492
    • Kydland, F.1    Prescott, E.2
  • 16
    • 0000417881 scopus 로고
    • Disinflation without recession: Adaptive guideposts and monetary policy
    • E. Phelps Disinflation without recession: Adaptive guideposts and monetary policy Weltwirtschaftliches Archiv 100 1978 239-265
    • (1978) Weltwirtschaftliches Archiv , vol.100 , pp. 239-265
    • Phelps, E.1
  • 18
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    • Union wage settlements during a disinflation
    • J. Taylor Union wage settlements during a disinflation American Economic Review 73 1983 981-983
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  • 19
    • 0343176786 scopus 로고    scopus 로고
    • Staggered price and wage setting in macroeconomics
    • Taylor, J., 1998. Staggered price and wage setting in macroeconomics. NBER Working Paper 6754.
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    • Taylor, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.