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Optimal demand policies against stagflation

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  • Franco Modigliani
  • Lucas Papademos

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Bibliographic Info

Article provided by Springer in its journal Weltwirtschaftliches Archiv.

Volume (Year): 114 (1978)
Issue (Month): 4 (December)
Pages: 736-782

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Handle: RePEc:spr:weltar:v:114:y:1978:i:4:p:736-782

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References

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  1. Okun, Arthur M, 1978. "Efficient Disinflationary Policies," American Economic Review, American Economic Association, vol. 68(2), pages 348-52, May.
  2. Laidler, David E W & Parkin, J Michael, 1975. "Inflation: A Survey," Economic Journal, Royal Economic Society, vol. 85(340), pages 741-809, December.
  3. Thomas J. Sargent & Neil Wallace, 1974. "Rational expectations and the theory of economic policy," Working Papers 29, Federal Reserve Bank of Minneapolis.
  4. Michael L. Wachter, 1976. "The Changing Cyclical Responsiveness of Wage Inflation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 7(1), pages 115-168.
  5. Barro, Robert J. & Fischer, Stanley, 1976. "Recent developments in monetary theory," Journal of Monetary Economics, Elsevier, vol. 2(2), pages 133-167, April.
  6. Stephen J. Turnovsky & Michael L. Wachter, 1971. "A test of the "expectations hypothesis" using directly observed wage and price expectations," Staff Studies 63, Board of Governors of the Federal Reserve System (U.S.).
  7. Robert J. Gordon, 1973. "The Welfare Cost of Higher Unemployment," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 4(1), pages 133-206.
  8. Edward M. Gramlich, 1974. "The Distributional Effects of Higher Unemployment," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 5(2), pages 293-342.
  9. Menil, George & Bhalla, Surjit S, 1975. "Direct Measurement of Popular Price Expectations," American Economic Review, American Economic Association, vol. 65(11), pages 169-80, March.
  10. Feige, Edgar L & Pearce, Douglas K, 1976. "Economically Rational Expectations: Are Innovations in the Rate of Inflation Independent of Innovations in Measures of Monetary and Fiscal Policy?," Journal of Political Economy, University of Chicago Press, vol. 84(3), pages 499-522, June.
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Cited by:
  1. Orphanides, Athanasios, 2010. "Monetary Policy Lessons from the Crisis," CEPR Discussion Papers 7891, C.E.P.R. Discussion Papers.
  2. Paul Davenport, 1983. "Unemployment, Demand Restraint, and Endogenous Capacity," Eastern Economic Journal, Eastern Economic Association, vol. 9(3), pages 258-271, Jul-Sep.
  3. Lucas Papademos, 2005. "Macroeconomic theory and monetary policy: the contributions of Franco Modigliani and the ongoing debate," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 58(233-234), pages 187-214.
  4. Marta Areosa, 2008. "Combining Hodrick-Prescott Filtering with a Production Function Approach to Estimate Output Gap," Working Papers Series 172, Central Bank of Brazil, Research Department.
  5. Lucas Papademos, 2005. "Macroeconomic theory and monetary policy: the contributions of Franco Modigliani and the ongoing debate," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 58(233-234), pages 187-214.

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