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Journal Article
Classical deflation theory
Journal Article
Fisher and Wicksell on the quantity theory
Working Paper
Interest rates, expectations, and the Wicksellian policy rule
Prominent among older theories of inflation is the view that a rising price level stems from a divergence between two rates of interest.
Journal Article
Some recent developments in Phillips curve analysis
An abstract for this article is not available
Journal Article
The persistence of inflation
An abstract for this article is not available
Journal Article
The purchasing power parity doctrine
An abstract for this article is not available
Journal Article
The interest cost-push controversy
An abstract for this article is not available
Journal Article
A simple model of Irving Fisher's price-level stabilization
Fishers advice to the policymakers: Adjust the money stock to correct price-level deviations from target. He neglected to say whether money should respond (1) to the gap between actual and target prices, (2) to the gaps rate of change, (3) to the gaps cumulative value over time, or (4) to some combination of these. While all four versions of Fishers rule deliver price stability in the model presented here, the first does so more promptly and smoothly than the others and outperforms a constant money-stock rule as well.