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A test of the "expectations hypothesis" using directly observed wage and price expectations

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Author Info
Stephen J. Turnovsky
Michael L. Wachter

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Paper provided by Board of Governors of the Federal Reserve System (U.S.) in its series Staff Studies with number 63.

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Date of creation: 1971
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Handle: RePEc:fip:fedgss:63

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  1. Benjamin M. Friedman, 1980. "Survey Evidence on The Rationality of Interest Rate Expectations," NBER Working Papers 0261, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  2. Franco Modigliani & Lucas Papademos, 1978. "Optimal demand policies against stagflation," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 114(4), pages 736-782, December. [Downloadable!] (restricted)
  3. Jonathan S. Leonard, 1980. "Wage Expectations in the Labor Market: Survey Evidence on Rationality," NBER Working Papers 0440, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  4. David Neumark & Jonathan S. Leonard, 1992. "Inflation Expectations and the Structural Shift in Aggregate Labor-Cost Determination in the 1980s," NBER Working Papers 4018, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  5. Daniel S. Hamermesh, 1985. "Expectations, Life Expectancy, and Economic Behavior," NBER Working Papers 0835, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  6. Walter S. Misiolek, 1978. "Specification Error in Estimating the Impact of Expected Inflation on Wages and Unemployment," Eastern Economic Journal, Eastern Economic Association, vol. 4(3-4), pages 217-224, Jul/Oct. [Downloadable!]
  7. Lester D. Taylor, 1974. "Price Expectations and Household's Demand for Financial Assets," NBER Working Papers 0031, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  8. Nadiri, M. Ishaq & Roach, Stephen S., 1974. "Adjustment Costs and the Dynamics of U.S. Labor Supply," Working Papers 74-12, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
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