Search Results
Showing results 1 to 10 of approximately 160.
(refine search)
Conference Paper
Inflation expectations, uncertainty, the Phillips curve, and monetary policy - comments
Kiley, Michael T.
(2008)
Historical experience suggests an important role for some deviation from the most restricted form of rational expectations in inflation dynamics, but also shows that other aspects of sluggish price adjustment, such as nominal rigidities, are important; and the available indicators of inflation expectations show that imperfect information regarding central bank intentions has been one source of inertia in inflation expectations.
Conference Series ; [Proceedings]
Journal Article
The Long-Run Costs of Higher Inflation
L'Huillier, Jean-Paul; DeLuca, Martin
(2023-10-17)
This Economic Commentary provides an overview of several frictions and the channels through which they affect economic welfare under elevated trend inflation above 2 percent. These frictions, associated with financial transactions, price and wage stickiness, and cognitive limitations, suggest that inflation imposes significant costs on society. Higher inflation may lead to a steeper Phillips curve, a situation which increases the volatility of inflation and interest rates.
Economic Commentary
, Volume 2023
, Issue 17
Journal Article
Fixing the New Keynesian Phillips curve
Dennis, Richard
(2007)
This Economic Letter looks at the problems with the NKPC and discusses some alternatives that are increasingly being used to think about inflation and the monetary policy transmission mechanism.
FRBSF Economic Letter
Conference Paper
General discussion: modeling inflation after the crisis
Collins, Susan M.
(2010)
Proceedings - Economic Policy Symposium - Jackson Hole
Journal Article
Inflation and unemployment: a layperson's guide to the Phillips curve
Weinberg, John A.; Lacker, Jeffrey M.
(2007-07)
Economic Quarterly
, Volume 93
, Issue Sum
, Pages 201-227
Monograph
Essays on inflation
Humphrey, Thomas M.
(1986)
Monograph
Working Paper
The transmission of domestic shocks in the open economy
López-Salido, J. David; Gust, Christopher J.; Erceg, Christopher J.
(2007)
This paper uses an open economy DSGE model to explore how trade openness affects the transmission of domestic shocks. For some calibrations, closed and open economies appear dramatically different, reminiscent of the implications of Mundell-Fleming style models. However, we argue such stark differences hinge on calibrations that impose an implausibly high trade price elasticity and Frisch elasticity of labor supply. Overall, our results suggest that the main effects of openness are on the composition of expenditure, and on the wedge between consumer and domestic prices, rather than on the ...
International Finance Discussion Papers
, Paper 906
Report
Wage growth and sectoral shifts: new evidence on the stability of the Phillips curve
Rissman, Ellen R.
(1987)
Staff Memoranda
, Paper 87-1
Working Paper
Phillips curve instability and optimal monetary policy
Davig, Troy A.
(2007)
This paper assesses the implications for optimal discretionary monetary policy if the slope of the Phillips curve changes. The paper first derives a ?switching? Phillips curve from the optimal pricing decision of a monopolistic firm that faces a changing cost of price adjustment. Two states exists, a state with a high cost of price adjustment that generates a ?flat? Phillips curve and a low-cost state that generates a relatively ?steep? curve. The second aspect of the paper constructs a utility-based welfare criterion. A novel feature of this criterion is that it has a relative weight on ...
Research Working Paper
, Paper RWP 07-04
Journal Article
Some recent developments in Phillips curve analysis
Humphrey, Thomas M.
(1978-01)
An abstract for this article is not available
Economic Review
, Volume 64
, Issue Jan
, Pages 15-23
FILTER BY year
FILTER BY Bank
Board of Governors of the Federal Reserve System (U.S.) 32 items
Federal Reserve Bank of Boston 26 items
Federal Reserve Bank of San Francisco 18 items
Federal Reserve Bank of Chicago 16 items
Federal Reserve Bank of Richmond 13 items
Federal Reserve Bank of St. Louis 11 items
Federal Reserve Bank of Cleveland 10 items
Federal Reserve Bank of Kansas City 9 items
Federal Reserve Bank of New York 7 items
Federal Reserve Bank of Philadelphia 6 items
Federal Reserve Bank of Atlanta 5 items
Federal Reserve Bank of Dallas 5 items
Federal Reserve Bank of Minneapolis 2 items
show more (8)
show less
FILTER BY Series
Finance and Economics Discussion Series 23 items
Working Papers 21 items
Conference Series ; [Proceedings] 14 items
Working Paper Series 11 items
FRBSF Economic Letter 10 items
Economic Review 7 items
Economic Quarterly 6 items
International Finance Discussion Papers 6 items
Working Paper Series, Macroeconomic Issues 6 items
Economic Commentary 5 items
Proceedings 4 items
Research Working Paper 4 items
Liberty Street Economics 3 items
New England Economic Review 3 items
Policy Hub 3 items
Proceedings - Economic Policy Symposium - Jackson Hole 3 items
Staff Reports 3 items
Working Papers (Old Series) 3 items
Economic Insights 2 items
Economic Perspectives 2 items
Monograph 2 items
Review 2 items
Speech 2 items
Staff Papers 2 items
Annual Report 1 items
Business Review 1 items
Current Issues in Economics and Finance 1 items
Current Policy Perspectives 1 items
FRB Atlanta Working Paper 1 items
National Economic Trends 1 items
Policy Hub* 1 items
Quarterly Review 1 items
Southwest Economy 1 items
Staff Memoranda 1 items
The Region 1 items
Working Paper 1 items
Working Paper Series / Economic Activity Section 1 items
show more (32)
show less
FILTER BY Content Type
Working Paper 77 items
Journal Article 46 items
Conference Paper 21 items
Discussion Paper 6 items
Report 6 items
Monograph 2 items
Speech 2 items
show more (2)
show less
FILTER BY Author
Midrigan, Virgiliu 7 items
Blanco, Andres 6 items
Boar, Corina 6 items
Jones, Callum J. 6 items
Faccini, Renato 5 items
Humphrey, Thomas M. 5 items
Lansing, Kevin J. 5 items
Melosi, Leonardo 5 items
Watson, Mark W. 5 items
Fujita, Shigeru 4 items
Gust, Christopher J. 4 items
King, Robert G. 4 items
Olivei, Giovanni P. 4 items
Rudd, Jeremy B. 4 items
Whelan, Karl 4 items
Barnes, Michelle L. 3 items
Carlstrom, Charles T. 3 items
Christiano, Lawrence J. 3 items
Dittmar, Robert 3 items
Dotsey, Michael 3 items
Fuerst, Timothy S. 3 items
Gavin, William T. 3 items
Gumbau-Brisa, Fabia 3 items
Higgins, Patrick C. 3 items
Kiley, Michael T. 3 items
Lie, Denny 3 items
McElhattan, Rose 3 items
Roberts, John M. 3 items
Stark, Tom 3 items
Cogley, Timothy 2 items
Crump, Richard K. 2 items
DeLuca, Martin 2 items
Eusepi, Stefano 2 items
Fuhrer, Jeffrey C. 2 items
Guerrieri, Luca 2 items
Hornstein, Andreas 2 items
Kohn, Donald L. 2 items
Lacker, Jeffrey M. 2 items
López-Salido, J. David 2 items
McCallum, Bennett T. 2 items
Nelson, Edward 2 items
Owyang, Michael T. 2 items
Peach, Richard 2 items
Rao, Nikhil 2 items
Rich, Robert W. 2 items
Rissman, Ellen R. 2 items
Sahin, Aysegul 2 items
Sbordone, Argia M. 2 items
Sheremirov, Viacheslav 2 items
Smets, Frank 2 items
Stock, James H. 2 items
Thornton, Daniel L. 2 items
Weinberg, John A. 2 items
Wynne, Mark A. 2 items
Anderson, Katharine 1 items
Ashley, Richard 1 items
Atkeson, Andrew 1 items
Ball, Laurence 1 items
Barrow, Lisa 1 items
Benigno, Pierpaolo 1 items
Benjamin, Gary L. 1 items
Berge, Travis J. 1 items
Blanchard, Olivier Jean 1 items
Bracha, Anat 1 items
Brayton, Flint 1 items
Bullard, James B. 1 items
Butcher, Kristin F. 1 items
Chari, V. V. 1 items
Chiodo, Abbigail J. 1 items
Clark, Todd E. 1 items
Clement, Douglas 1 items
Collins, Susan M. 1 items
Cororaton, Anna 1 items
Cotton, Christopher D. 1 items
Daly, Mary C. 1 items
Davig, Troy A. 1 items
Dennis, Richard 1 items
Dickens, William T. 1 items
Doser, Alexander 1 items
Erceg, Christopher J. 1 items
Evans, Charles L. 1 items
Farmer, Roger E. A. 1 items
Filardo, Andrew J. 1 items
Fisher, Jonas D. M. 1 items
Fujiki, Hiroshi 1 items
Garga, Vaishali 1 items
Gertler, Mark 1 items
Giannoni, Marc 1 items
Gilchrist, Simon 1 items
Gonzalez-Astudillo, Manuel P. 1 items
Gourio, François 1 items
Gruber, Joseph W. 1 items
Hajdini, Ina 1 items
Hobijn, Bart 1 items
Jorgensen, Peter 1 items
Judd, John P. 1 items
Jung, Yongseung 1 items
Jørgensen, Peter Lihn 1 items
Kersting, Erasmus K. 1 items
Klitgaard, Thomas 1 items
Kozicki, Sharon 1 items
Kumar, Anil 1 items
Kydland, Finn E. 1 items
L'Huillier, Jean-Paul 1 items
Laidler, David 1 items
Leahy, John V. 1 items
Linder, M. Henry 1 items
Liu, Chin Te 1 items
Liu, Zheng 1 items
Luengo-Prado, Maria Jose 1 items
Mackowiak, Bartosz 1 items
Martinez-Garcia, Enrique 1 items
McCracken, Michael W. 1 items
Meade, Ellen E. 1 items
Mishkin, Frederic S. 1 items
Morley, James 1 items
Motley, Brian 1 items
Nason, James M. 1 items
Nelson, Charles R. 1 items
Neumark, David 1 items
Ngo, Phuong 1 items
Nunes, Ricardo 1 items
Ohanian, Lee E. 1 items
Orphanides, Athanasios 1 items
Orrenius, Pia M. 1 items
Pagan, Adrian R. 1 items
Paustian, Matthias 1 items
Peck, Richard 1 items
Pfajfar, Damjan 1 items
Piger, Jeremy M. 1 items
Pissarides, Christopher A. 1 items
Ramey, Garey 1 items
Rapach, David E. 1 items
Rasche, Robert H. 1 items
Reed, Robert R. 1 items
Rosenblum, Harvey 1 items
Rudebusch, Glenn D. 1 items
Samuelson, Paul A. 1 items
Schmitt-Grohe, Stephanie 1 items
Schorfheide, Frank 1 items
Schreft, Stacey L. 1 items
Shapiro, Adam Hale 1 items
Sill, Keith 1 items
Sims, Christopher A. 1 items
Smith, Gregor W. 1 items
Tallman, Ellis W. 1 items
Tang, Jenny 1 items
Tinsley, Peter A. 1 items
Tootell, Geoffrey M. B. 1 items
Trehan, Bharat 1 items
Uribe, Martin 1 items
Van Zandweghe, Willem 1 items
Verbrugge, Randal 1 items
Waggoner, Daniel F. 1 items
Wall, Howard J. 1 items
Wallich, Henry C. 1 items
Walsh, Carl E. 1 items
Weiner, Stuart E. 1 items
Williams, John C. 1 items
Wright, Jonathan H. 1 items
Wu, Hongwei 1 items
Yun, Tack 1 items
Zakrajšek, Egon 1 items
Zaman, Saeed 1 items
Zha, Tao 1 items
Zhou, Ruilin 1 items
anonymous 1 items
van Norden, Simon 1 items
show more (163)
show less
FILTER BY Jel Classification
E31 24 items
E32 12 items
E37 10 items
C32 7 items
E52 7 items
E24 5 items
C53 4 items
D84 4 items
C22 3 items
C23 3 items
E43 2 items
E58 2 items
J11 2 items
C11 1 items
C13 1 items
C52 1 items
C63 1 items
C78 1 items
D83 1 items
E17 1 items
E2 1 items
E2;E5 1 items
E30 1 items
E44 1 items
E5 1 items
E51 1 items
E61 1 items
E71 1 items
F00 1 items
G12 1 items
show more (25)
show less
FILTER BY Keywords
Phillips curve 160 items
Inflation (Finance) 75 items
Unemployment 41 items
Inflation 20 items
Monetary policy 15 items
Wages 7 items
Menu costs 6 items
Business cycles 5 items
Econometric models 5 items
labor market slack 5 items
Keynesian economics 4 items
Missing inflation 4 items
employment-to-employment rate 4 items
inflation expectations 4 items
micro data 4 items
panel data 4 items
Economic forecasting 3 items
Forecasting 3 items
Labor market 3 items
Monetary policy - United States 3 items
cyclical misallocation 3 items
heterogeneous agents 3 items
labor markets 3 items
on-the-job search 3 items
regional data 3 items
expectations 3 items
Deflation (Finance) 2 items
Economic history 2 items
Inflation forecasting 2 items
Inflation targeting 2 items
Macroeconomics 2 items
Prices 2 items
Trade 2 items
conditional predictive ability 2 items
disinflation 2 items
natural rate of unemployment 2 items
unemployment gap 2 items
Euro Area 2 items
Price stickiness 2 items
Asymmetry 1 items
Bayesian analysis 1 items
Bond premiums 1 items
Boosting 1 items
Consumer price indexes 1 items
Core Inflation 1 items
Econometrics 1 items
Euro 1 items
Federal Open Market Committee 1 items
Financial crises 1 items
Fisher effect 1 items
Friedman, Milton 1 items
Globalization 1 items
Goods Inflation 1 items
Great Inflation 1 items
Industrial capacity 1 items
Inflation (Finance) - Canada 1 items
Inflation (Finance) - Mathematical models 1 items
Inflation dynamics 1 items
Informational efficiency 1 items
Input-output analysis 1 items
International trade 1 items
International trade - Econometric models 1 items
Japan 1 items
Labor productivity 1 items
Labor supply 1 items
Labor unions 1 items
Liquidity effect 1 items
Lucas, Robert E. 1 items
Machine learning 1 items
Milton Friedman 1 items
Monetary policy doctrine 1 items
Monetary policy strategy 1 items
NAIRU 1 items
Natural rate hypothesis 1 items
Okun's law 1 items
Output gap 1 items
PCE inflation 1 items
Price levels 1 items
Services Inflation 1 items
Short-term unemployment 1 items
Structural breaks 1 items
Supply and demand 1 items
Survey based inflation expectations 1 items
Survey inflation expectations 1 items
Trade share 1 items
Unemployment - Canada 1 items
Vector autoregression 1 items
Volcker disinflation 1 items
Wage determination 1 items
Wage-price spiral 1 items
Zero lower bound 1 items
consistent expectation equilibrium 1 items
cyclical 1 items
disaggregate price indices 1 items
disaggregated inflation forecasting models 1 items
dynamic striation adjustments 1 items
economic conditions - United States 1 items
effective sample size 1 items
financial frictions 1 items
importance weights 1 items
inattention 1 items
independent striated draws 1 items
industrial composition 1 items
inflation persistence 1 items
inflation puzzles 1 items
irregular posterior distribution 1 items
job ladder 1 items
labor economics 1 items
misallocation 1 items
multiple peaks 1 items
overheating 1 items
periphery 1 items
persistence dependence 1 items
price rigidity 1 items
recession gap 1 items
services 1 items
simultaneous equations 1 items
soft landing 1 items
tempered posterior density 1 items
term premium 1 items
trend-cycle model 1 items
unobserved component model 1 items
unobserved components time series model 1 items
wage growth 1 items
winding ridges 1 items
show more (127)
show less