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Is increased price flexibility stabilizing? The role of the permanent income hypothesis

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  • Evan F. Koenig

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  • Evan F. Koenig, 1990. "Is increased price flexibility stabilizing? The role of the permanent income hypothesis," Working Papers 9011, Federal Reserve Bank of Dallas.
  • Handle: RePEc:fip:feddwp:9011
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    References listed on IDEAS

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    1. Mankiw, N Gregory, 1987. "Government Purchases and Real Interest Rates," Journal of Political Economy, University of Chicago Press, vol. 95(2), pages 407-419, April.
    2. Myers, Gordon & Scarth, William, 1990. "Is price flexibility destabilizing? : Evidence for the open economy," Journal of International Economics, Elsevier, vol. 28(3-4), pages 349-363, May.
    3. McCallum, Bennett T, 1980. "Rational Expectations and Macroeconomic Stabilization Policy: An Overview," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 12(4), pages 716-746, November.
    4. Olivier Jean Blanchard & Stanley Fischer, 1989. "Lectures on Macroeconomics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262022834, December.
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    Keywords

    Prices; Income;

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