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The Medium Run

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  • Oliver J. Blanchard

    (Massachusetts Institute of Technology)

Abstract

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Suggested Citation

  • Oliver J. Blanchard, 1997. "The Medium Run," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 28(2), pages 89-158.
  • Handle: RePEc:bin:bpeajo:v:28:y:1997:i:1997-2:p:89-158
    as

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    File URL: https://www.brookings.edu/wp-content/uploads/1997/06/1997b_bpea_blanchard_nordhaus_phelps.pdf
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    References listed on IDEAS

    as
    1. Nicole M. Fortin & Thomas Lemieux, 1997. "Institutional Changes and Rising Wage Inequality: Is There a Linkage?," Journal of Economic Perspectives, American Economic Association, vol. 11(2), pages 75-96, Spring.
    2. Gilbert Cette & Selma Mahfouz, 1996. "Le partage primaire du revenu : un constat descriptif sur longue période," Économie et Statistique, Programme National Persée, vol. 296(1), pages 165-189.
    3. Daron Acemoglu, 1998. "Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality," The Quarterly Journal of Economics, Oxford University Press, vol. 113(4), pages 1055-1089.
    4. Layard, Richard & Nickell, Stephen & Jackman, Richard, 2005. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780199279173.
    5. Jason G. Cummins & Kevin A. Hassett & R. Glenn Hubbard, 1994. "A Reconsideration of Investment Behavior Using Tax Reforms as Natural Experiments," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 25(2), pages 1-74.
    6. Johnson, George E, 1990. "Work Rules, Featherbedding, and Pareto-optimal Union-Management Bargaining," Journal of Labor Economics, University of Chicago Press, vol. 8(1), pages 237-259, January.
    7. Olivier Blanchard & Lawrence F. Katz, 1997. "What We Know and Do Not Know about the Natural Rate of Unemployment," Journal of Economic Perspectives, American Economic Association, vol. 11(1), pages 51-72, Winter.
    8. Stephen Nickell, 1997. "Unemployment and Labor Market Rigidities: Europe versus North America," Journal of Economic Perspectives, American Economic Association, vol. 11(3), pages 55-74, Summer.
    9. William T. Dickens, 1995. "Do Labor Rents Justify Strategic Trade and Industrial Policy?," NBER Working Papers 5137, National Bureau of Economic Research, Inc.
    10. Dougherty, Chrys & Jorgenson, Dale W, 1996. "International Comparisons of the Sources of Economic Growth," American Economic Review, American Economic Association, vol. 86(2), pages 25-29, May.
    11. Blanchflower, David G & Oswald, Andrew J, 1994. "Estimating a Wage Curve for Britain: 1973-90," Economic Journal, Royal Economic Society, vol. 104(426), pages 1025-1043, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    macroeconomics; medium run; business cycle;
    All these keywords.

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