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Are we there yet? assessing progress toward full employment and price stability

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  • Richard W. Fisher
  • Evan F. Koenig

Abstract

With help from accommodative monetary policy, there are good reasons to believe that the economy will achieve full employment and price stability fairly soon. That prospect raises challenging issues for Federal Reserve policymakers.

Suggested Citation

  • Richard W. Fisher & Evan F. Koenig, 2014. "Are we there yet? assessing progress toward full employment and price stability," Economic Letter, Federal Reserve Bank of Dallas, vol. 9(13), pages 1-4, October.
  • Handle: RePEc:fip:feddel:00015
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    Cited by:

    1. Amal Ben Abdallah & Sourour Guidara & Rima Aloulou & Maha Kalai & Kamel Helali, 2024. "Investigating the relationship between inflation and economic growth in Mauritania: an empirical analysis using the regime change model," SN Business & Economics, Springer, vol. 4(1), pages 1-25, January.
    2. Donayre, Luiggi & Panovska, Irina, 2018. "U.S. wage growth and nonlinearities: The roles of inflation and unemployment," Economic Modelling, Elsevier, vol. 68(C), pages 273-292.
    3. Richard Ashley & Randal J. Verbrugge, 2019. "The Intermittent Phillips Curve: Finding a Stable (But Persistence-Dependent) Phillips Curve Model Specification," Working Papers 19-09R2, Federal Reserve Bank of Cleveland, revised 14 Feb 2023.
    4. Mr. Yasser Abdih & Mr. Stephan Danninger, 2018. "Understanding U.S. Wage Dynamics," IMF Working Papers 2018/138, International Monetary Fund.
    5. Donayre, Luiggi & Panovska, Irina, 2016. "Nonlinearities in the U.S. wage Phillips curve," Journal of Macroeconomics, Elsevier, vol. 48(C), pages 19-43.

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