Alternative indicators for predicting the probability of declining inflation: evidence from the US
Article Abstract:
The performance of inflation indicators for predicting the probability of inflation falling inside constant and moving targets is considered with a probit model using US data. It is also suggested that extension of the Keynesian Phillips curve analysis to consider changes in labor market conditions, technological advanced and worker skills, and openness would increase understanding of such issues.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
Price expectations, capital accumulations and employment: Lindahl's macroeconomics from the 1920s to the 1950s
Article Abstract:
The research undertaken by Erik Lindahl in the field of macroeconomics, from the 1920s to the 1950s, is described. The impact of monetary policy rules and the non-neutrality of money, on the trends pertaining to inflation, is examined.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
Conflict inflation: estimating the contributions to wage inflation in Australia during the 1990s
Article Abstract:
The impact of inflation on wage systems in Australia, in 1990, is examined.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Price ceilings as focal points for tacit collusion: evidence from credit cards. Simple menus of contracts in cost-based procurement and regulation
- Abstracts: Collective invention during the British Industrial Revolution: the case of the Cornish pumping engine. part 2 Extractive Rent in present day Russia
- Abstracts: The evolutionary firm and Cournot's Dilemma. The Dahrendorf hypothesis and its implications for (the theory of) economic policy-making