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Relative-price changes as aggregate supply shocks
Ball, Laurence; Mankiw, N. Gregory - Federal Reserve Bank of Philadelphia - 1993
Persistent link: https://www.econbiz.de/10005717385
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Asset prices and the conduct of monetary policy : proceedings of the Monetary Affairs Workshop
Porter, Richard D. - Federal Reserve Board (Board of Governors of the … - 1990
Persistent link: https://www.econbiz.de/10005721001
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Sticky inflation and interest rate rules with auction prices
Muehlen, Peter von zur - Federal Reserve Board (Board of Governors of the … - 1990
Persistent link: https://www.econbiz.de/10005721127
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Research spotlight: You get what you pay for
Slivinski, Stephen - In: Econ Focus (2009) Sum, pp. 9-9
Related link(s): http://www.richmondfed.org/publications/research/region_focus/2009/summer/research_spotlight_weblinks.cfm
Persistent link: https://www.econbiz.de/10008500273
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The effect of question wording on reported expectations and perceptions of inflation
Bruin, Wändi Bruine de; Klaauw, Wilbert van der; … - Federal Reserve Bank of New York - 2010
inflation. The Michigan Survey of Consumers uses questions about "prices in general" to measure expected and perceived inflation … specific prices when being asked about "prices in general." Here, we randomly assigned respondents to questions about "prices … and more dispersed for "prices in general" than for "the rate of inflation," with "prices you pay" and "prices in general …
Persistent link: https://www.econbiz.de/10008475905
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The optimal rate of inflation with trending relative prices
Wolman, Alexander L. - Federal Reserve Bank of Richmond - 2009
The relative prices of different categories of consumption goods have been trending over time. Assuming they are … exogenous with respect to monetary policy, these trends imply that monetary policy cannot stabilize the prices of all … consumption categories. If prices are sticky, monetary policy then must trade off relative price distortions within different …
Persistent link: https://www.econbiz.de/10005009949
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Maintaining price stability: a proposal
Hetzel, Robert L. - In: Economic Review (1990) Mar, pp. 53-55
The Neal Resolution, now in Congress, would make price stability the dominant goal of monetary policy. The first of these two articles holds that policymakers’ discretion over the price level increases political conflict. Further, it argues that removing this discretion would restore the...
Persistent link: https://www.econbiz.de/10005063872
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A mandate for price stability
Hetzel, Robert L. - In: Economic Review (1990) Mar, pp. 45-53
The Neal Resolution, now in Congress, would make price stability the dominant goal of monetary policy. The first of these two articles holds that policymakers’ discretion over the price level increases political conflict. Further, it argues that removing this discretion would restore the...
Persistent link: https://www.econbiz.de/10005063983
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Core inflation: a review of some conceptual issues
Wynne, Mark A. - Federal Reserve Bank of Dallas - 1999
This paper reviews various approaches to the measurement of core inflation that have been proposed in recent years. The objective is to determine whether the European Central Bank (ECB) should pay special attention to one or other of these measures in assessing inflation developments in the euro...
Persistent link: https://www.econbiz.de/10005490301
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What's ahead for prices?
Levy, Yvonne - In: FRBSF Economic Letter (1980)
Persistent link: https://www.econbiz.de/10005490354