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Chapter 15 Staggered price and wage setting in macroeconomics
Taylor, John B. - In: Handbook of macroeconomics : volume 1, part B, (pp. 1009-1050). 1999
money, real output, and inflation. The key properties to be explained are that monetary shocks have persistent, but not … permanent, effects on real output, and that the correlation between current output and inflation is positive for leads of … inflation and negative for lags of inflation. The paper begins with a short empirical guide to price- and wage-setting behavior …
Persistent link: https://www.econbiz.de/10014024230
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The Role of Policy in the Great Recession and the Weak Recovery
Taylor, John B. - In: American Economic Review 104 (2014) 5, pp. 61-66
This paper reports on recent research showing that the severe recession of 2007-2009 and the weak recovery have been due to poor economic policies and the failure to implement good policies during the past decade. Monetary policy, fiscal policy, and regulatory policy became more discretionary,...
Persistent link: https://www.econbiz.de/10010773944
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Inflation, unemployment, and monetary policy : the Alvin Hansen Symposium on Public Policy, Harvard University
Solow, Robert M. (contributor); Taylor, John B. (contributor) - 1998
Persistent link: https://www.econbiz.de/10000627730
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The explanatory power of monetary policy rules
Taylor, John B. - 2007
interest rates, and the shift in the response of the term structure of interest rates to inflation and output. Although the …
Persistent link: https://www.econbiz.de/10003622930
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Low inflation, deflation, and policies for future price stability
Taylor, John B. - 2000
Persistent link: https://www.econbiz.de/10001512423
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Low inflation, deflation, and policies for future price stability : keynote speech
Taylor, John B. - In: Monetary and economic studies 19 (2001) S1, pp. 35-51
Persistent link: https://www.econbiz.de/10001552968
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The great inflation, the great disinflation, and policies for future price stability
Taylor, John B. - In: Inflation, disinflation and monetary policy : …, (pp. 9-31). 1992
Persistent link: https://www.econbiz.de/10001295047
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The Explanatory Power of Monetary Policy Rules
Taylor, John B. - 2007
rates, and the shift in the response of the term structure of interest rates to inflation and output. Although the theory …
Persistent link: https://www.econbiz.de/10012775473
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The explanatory power of monetary policy rules : simple principles have big impacts
Taylor, John B. - In: Business economics : the journal of the National … 42 (2007) 4, pp. 8-15
Persistent link: https://www.econbiz.de/10009740636
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The Explanatory Power of Monetary Policy Rules
Taylor, John B. - 2007
rates, and the shift in the response of the term structure of interest rates to inflation and output. Although the theory …
Persistent link: https://www.econbiz.de/10012464961