Journal Article
Central bank structure, policy efficiency, and macroeconomic performance: exploring empirical relationships - commentary
Chrystal, K. Alec (2002-07)
Review , Volume 84 , Issue Jul , Pages 61-64

Working Paper
Tests of price sluggishness in the U.K.
Chrystal, K. Alec; Thornton, Daniel L. (1984)
Working Papers , Paper 1984-019

Journal Article
International banking facilities
Chrystal, K. Alec (1984-04)
Review , Volume 66 , Issue Apr , Pages 5-11

Journal Article
Protectionist trade policies: a survey of theory, evidence and rationale
Coughlin, Cletus C.; Chrystal, K. Alec; Wood, Geoffrey E. (1988-01)
Review , Issue Jan , Pages 12-29

Journal Article
Are trade deficits a problem?
Wood, Geoffrey E.; Chrystal, K. Alec (1988-01)
Review , Issue Jan , Pages 3-11

Journal Article
The macroeconomic effects of deficit spending: a review
Chrystal, K. Alec; Thornton, Daniel L. (1988-11)
Review , Issue Nov , Pages 48-60

Journal Article
The pitfalls of exchange rate targeting: a case study from the United Kingdom
Chrystal, K. Alec; Belongia, Michael T. (1990-09)
Review , Issue Sep , Pages 15-24

Journal Article
Dutch disease or monetarist medicine?: The British economy under Mrs. Thatcher
Chrystal, K. Alec (1984-05)
Review , Volume 66 , Issue May , Pages 27-37

Working Paper
Money and activity in the U.K. 1961-1983: surprise? surprise!
Chrystal, K. Alec; Peel, David (1984)
This is a study of the impact of money growth and money growth surprises on U.K. real activity (GDP and unemployment). We find no support for the 'only surprises have real effects' story except in the 1960s when the fixed exchange rate regime makes exogeneity of money questionable. Some support is found for the older monetarist view that lagged actual money growth has real effects. Our most surprising result is that U.S. M1 growth outperforms both U.K. M1 and sterling M3 as a determinant of U.K. real activity in the floating exchange rate period.
Working Papers , Paper 1984-011

Working Paper
How natural is the natural rate?
Chrystal, K. Alec; Chatterji, Monojit (1984)
In the last two decades the one macroeconomic concept which has become standard equipment in macroeconomics is the Natural Rate Hypothesis (NRH). The NRH is usually embodied as a vertical aggregate supply curve and forms a cornerstone of the "policy ineffectiveness" proposition. We emphasize that the driving power of the policy ineffectiveness proposition derives from the joint assumptions that (a) the aggregate supply curve is vertical and (b) that the aggregate supply curve is independent of aggregate demand. ; We claim that this usage of the NRH is inappropriate for many purposes. It ...
Working Papers , Paper 1984-010