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Journal Article
Aggregate price changes and price expectations

Review , Volume 52 , Issue Nov , Pages 18-28

Conference Paper
Predicting the effects of Federal Reserve policy in a sticky price model: an analytical approach

In this paper, I characterize equilibria for a sticky-price model in which Federal Reserve policy is an interest-rate rule similar to that described in Taylor (1993). For standard preferences and technologies used in the literature, the model predicts that the nominal interest rate is negatively serially correlated, and that shocks to interest rates imply a potentially large but short-lived response in output. Shocks to government spending and technology lead to persistent changes in output but the percentage change in output is predicted to be smaller than the percentage changes in spending ...
Proceedings , Issue Jun

Journal Article
Drill those hills : Fuel price spike lures new investment

Econ Focus , Volume 12 , Issue Spr/Sum , Pages 8-9

Journal Article
Real growth and prices

Review , Volume 51 , Issue June , Pages 2-6

Journal Article
President's message : Don't I buy food or gasoline?

Econ Focus , Volume 15 , Issue 1Q , Pages 1

Conference Paper
A neoclassical model of wage and price dynamics

Proceedings , Issue 1 , Pages 97-138

Journal Article
Price stability and economic growth

Southwest Economy , Issue May , Pages 1-5

Journal Article
Around the Fed : Greenspan's rule

Econ Focus , Volume 11 , Issue Fall , Pages 9

Journal Article
Trend inflation, firm-specific capital, and sticky prices

Economic Quarterly , Volume 91 , Issue Fall , Pages 57-83

Journal Article
Statement to Congress, February 6, 1990 (price stability)

Federal Reserve Bulletin , Issue Mar



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