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Inflation or unemployment? Who cares?

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  • van Lelyveld, Iman

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Article provided by Elsevier in its journal European Journal of Political Economy.

Volume (Year): 15 (1999)
Issue (Month): 3 (September)
Pages: 463-484

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Handle: RePEc:eee:poleco:v:15:y:1999:i:3:p:463-484

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Web page: http://www.elsevier.com/locate/inca/505544

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  1. Havrilesky, Thomas M, 1987. "A Partisanship Theory of Fiscal and Monetary Regimes," Journal of Money, Credit and Banking, Blackwell Publishing, Blackwell Publishing, vol. 19(3), pages 308-25, August.
  2. Robert J. Barro & David B. Gordon, 1981. "A Positive Theory of Monetary Policy in a Natural-Rate Model," NBER Working Papers 0807, National Bureau of Economic Research, Inc.
  3. Robert J. Shiller, 1997. "Public Resistance to Indexation: A Puzzle," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 28(1), pages 159-228.
  4. Nelson, Charles R, 1975. "Rational Expectations and the Predictive Efficiency of Economic Models," The Journal of Business, University of Chicago Press, University of Chicago Press, vol. 48(3), pages 331-43, July.
  5. Barro, Robert J. & Gordon, David B., 1983. "Rules, discretion and reputation in a model of monetary policy," Journal of Monetary Economics, Elsevier, Elsevier, vol. 12(1), pages 101-121.
  6. Eijffinger, Sylvester C W & Hoeberichts, Marco, 1998. "The Trade off between Central Bank Independence and Conservativeness," Oxford Economic Papers, Oxford University Press, vol. 50(3), pages 397-411, July.
  7. Fischer, Stanley, 1977. "Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 85(1), pages 191-205, February.
  8. Cukierman, Alex & Meltzer, Allan H, 1986. "A Theory of Ambiguity, Credibility, and Inflation under Discretion and Asymmetric Information," Econometrica, Econometric Society, Econometric Society, vol. 54(5), pages 1099-1128, September.
  9. Fischer, Stanley & Huizinga, John, 1982. "Inflation, Unemployment, and Public Opinion Polls," Journal of Money, Credit and Banking, Blackwell Publishing, Blackwell Publishing, vol. 14(1), pages 1-19, February.
  10. Svensson, L.E.O., 1995. "Optimal Inflation Targets, 'Conservative' Central Banks, and Linear Inflation Contracts," Papers, Stockholm - International Economic Studies 595, Stockholm - International Economic Studies.
  11. Adam S. Posen, 1995. "Declarations Are Not Enough: Financial Sector Sources of Central Bank Independence," NBER Chapters, in: NBER Macroeconomics Annual 1995, Volume 10, pages 253-274 National Bureau of Economic Research, Inc.
  12. H.M. Prast, 1996. "Inflation, unemployment and the position of the central bank: the opinion of the public," BNL Quarterly Review, Banca Nazionale del Lavoro, Banca Nazionale del Lavoro, vol. 49(199), pages 415-454.
  13. Torsten Persson & Guido Tabellini (ed.), 1994. "Monetary and Fiscal Policy, Vol. 2: Politics," MIT Press Books, The MIT Press, The MIT Press, edition 1, volume 1, number 0262660881, December.
  14. William D. Nordhaus, 1989. "Alternative Approaches to the Political Business Cycle," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University 927, Cowles Foundation for Research in Economics, Yale University.
  15. Eijffinger, S-C-W & de Haan, J, 1996. "The Political Economy of Central-Bank Independence," Princeton Studies in International Economics, International Economics Section, Departement of Economics Princeton University, 19, International Economics Section, Departement of Economics Princeton University,.
  16. Robert J. Shiller, 1997. "Why Do People Dislike Inflation?," NBER Chapters, in: Reducing Inflation: Motivation and Strategy, pages 13-70 National Bureau of Economic Research, Inc.
  17. Kenneth Rogoff & Anne Sibert, 1986. "Elections and Macroeconomic Policy Cycles," NBER Working Papers 1838, National Bureau of Economic Research, Inc.
  18. Taylor, John B, 1980. "Aggregate Dynamics and Staggered Contracts," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 88(1), pages 1-23, February.
  19. Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 85(3), pages 473-91, June.
  20. H.M. Prast, 1996. "Inflation, unemployment and the position of the central bank: the opinion of the public," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, Banca Nazionale del Lavoro, vol. 49(199), pages 415-454.
  21. Smyth, David J. & Taylor, Susan Washburn, 1992. "Inflation-unemployment trade-offs of Democrats, Republicans, and Independents: Empirical evidence on the partisan theory," Journal of Macroeconomics, Elsevier, Elsevier, vol. 14(1), pages 47-57.
  22. Hayo, Bernd, 1998. "Inflation culture, central bank independence and price stability," European Journal of Political Economy, Elsevier, Elsevier, vol. 14(2), pages 241-263, May.
  23. Ashworth, John & Heyndels, Bruno, 1997. "Politicians' preferences on local tax rates: An empirical analysis," European Journal of Political Economy, Elsevier, Elsevier, vol. 13(3), pages 479-502, September.
  24. Lucas, Robert Jr., 1972. "Expectations and the neutrality of money," Journal of Economic Theory, Elsevier, Elsevier, vol. 4(2), pages 103-124, April.
  25. Nordhaus, William D, 1975. "The Political Business Cycle," Review of Economic Studies, Wiley Blackwell, Wiley Blackwell, vol. 42(2), pages 169-90, April.
  26. Rogoff, Kenneth, 1985. "The Optimal Degree of Commitment to an Intermediate Monetary Target," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 100(4), pages 1169-89, November.
  27. Williamson, Maureen R. & Wearing, Alexander J., 1996. "Lay people's cognitive models of the economy," Journal of Economic Psychology, Elsevier, Elsevier, vol. 17(1), pages 3-38, February.
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Cited by:
  1. Krause, Stefan & Méndez, Fabio, 2008. "Institutions, arrangements and preferences for inflation stability: Evidence and lessons from a panel data analysis," Journal of Macroeconomics, Elsevier, Elsevier, vol. 30(1), pages 282-307, March.
  2. Muhammad Azmat Hayat & Etienne Farvaque, 2012. "Public Attitudes towards Central Bank Independence: Lessons From the Foundation of the ECB," Working Papers hal-00988169, HAL.
  3. Ehrmann, Michael & Tzamourani, Panagiota, 2012. "Memories of high inflation," European Journal of Political Economy, Elsevier, Elsevier, vol. 28(2), pages 174-191.
  4. Maier, Philipp & Knaap, Thijs, 2001. "Who supported the Deutsche Bundesbank? : an empirical investigation," CCSO Working Papers, University of Groningen, CCSO Centre for Economic Research 200108, University of Groningen, CCSO Centre for Economic Research.
  5. Hayo, Bernd & Hefeker, Carsten, 2002. "Reconsidering central bank independence," European Journal of Political Economy, Elsevier, Elsevier, vol. 18(4), pages 653-674, November.
  6. Jerger, Jurgen, 2002. "Socially optimal monetary policy institutions," European Journal of Political Economy, Elsevier, Elsevier, vol. 18(4), pages 761-781, November.
  7. Maier, Philipp & Bezoen, Saskia, 2004. "Bashing and supporting central banks: the Bundesbank and the European Central Bank," European Journal of Political Economy, Elsevier, Elsevier, vol. 20(4), pages 923-939, November.

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