Sachsida, Adolfo; Divino, Jose Angelo; Cajueiro, Daniel … - In: Structural Change and Economic Dynamics 22 (2011) 2, pp. 173-179
This paper verifies the performance of the Barro and Gordon (1983) model to explain the US inflation since the early 1950s. We divide the period from 1951:2 to 2010:2 according to each chairman of the Federal Reserve (FED). In addition, we consider aggregated periods, represented by pre-Volcker,...
