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Experimental evidence on the persistence of output and inflation

Adam, Klaus - In: The economic journal : the journal of the Royal … 117 (2007), pp. 603-636

Persistent link: https://www.econbiz.de/10003478083

Learning to forecast and cyclical behavior of output and inflation

Adam, Klaus - In: Macroeconomic dynamics 9 (2005) 1, pp. 1-27

Persistent link: https://www.econbiz.de/10002562051

Experimental evidence on the persistence of output and inflation

Adam, Klaus - 2005

Persistent link: https://www.econbiz.de/10013424579

Experimental evidence on the persistence of output and inflation

Adam, Klaus (contributor) - 2005

This paper presents experimental evidence from a monetary sticky price economy in which output and inflation depend on expected future inflation. With rational inflation expectations, the economy does not generate persistent deviations of output and inflation in response to a monetary shock. In...