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A little bit of evidence on the natural rate hypothesis from the U.S

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  • Salih Neftci
  • Thomas J. Sargent

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File URL: http://www.minneapolisfed.org/research/common/pub_detail.cfm?pb_autonum_id=525
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File URL: http://www.minneapolisfed.org/research/WP/WP83.pdf
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Bibliographic Info

Paper provided by Federal Reserve Bank of Minneapolis in its series Working Papers with number 83.

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Date of creation: 1975
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Publication status: Published in The legacy of Robert Lucas, Jr. (Vol. 2, 1999, pp. 424-428) ; Journal of Monetary Economics (Vol. 4, No. 2, April 1978, pp. 315-319)>
Handle: RePEc:fip:fedmwp:83

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Keywords: Econometric models;

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References

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  1. Lucas, Robert E, Jr, 1973. "Some International Evidence on Output-Inflation Tradeoffs," American Economic Review, American Economic Association, vol. 63(3), pages 326-34, June.
  2. Thomas J. Sargent, 1975. "The observational equivalence of natural and unnatural rate theories of macroeconomics," Working Papers 48, Federal Reserve Bank of Minneapolis.
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Cited by:
  1. Herschel I. Grossman, 1984. "Counterfactuals, Forecasts, and Choice-Theoretic Modelling of Policy," NBER Working Papers 1381, National Bureau of Economic Research, Inc.
  2. Neil R. Ericsson & John S. Irons, 1995. "The Lucas critique in practice: theory without measurement," International Finance Discussion Papers 506, Board of Governors of the Federal Reserve System (U.S.).
  3. Gordon, Robert J, 1982. "Price Inertia and Policy Ineffectiveness in the United States, 1890-1980," Journal of Political Economy, University of Chicago Press, vol. 90(6), pages 1087-1117, December.
  4. Landon, Stuart, 1995. "Testing aggregate neutrality with heterogeneous sectors," Journal of Macroeconomics, Elsevier, vol. 17(1), pages 131-148.
  5. John Faust & Charles H. Whiteman, 1997. "General-to-specific procedures for fitting a data-admissible, theory- inspired, congruent, parsimonious, encompassing, weakly-exogenous, identified, structural model to the DGP: a translation and crit," International Finance Discussion Papers 576, Board of Governors of the Federal Reserve System (U.S.).

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