IDEAS home Printed from https://ideas.repec.org/a/mcb/jmoncb/v10y1978i2p206-21.html
   My bibliography  Save this article

Commodity-Supply Shock and Full-Employment Monetary Policy

Author

Listed:
  • Phelps, Edmund S

Abstract

No abstract is available for this item.

Suggested Citation

  • Phelps, Edmund S, 1978. "Commodity-Supply Shock and Full-Employment Monetary Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 10(2), pages 206-221, May.
  • Handle: RePEc:mcb:jmoncb:v:10:y:1978:i:2:p:206-21
    as

    Download full text from publisher

    File URL: http://links.jstor.org/sici?sici=0022-2879%28197805%2910%3A2%3C206%3ACSAFMP%3E2.0.CO%3B2-C&origin=bc
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alan S. Blinder & Jeremy B. Rudd, 2012. "The Supply-Shock Explanation of the Great Stagflation Revisited," NBER Chapters,in: The Great Inflation: The Rebirth of Modern Central Banking, pages 119-175 National Bureau of Economic Research, Inc.
    2. Robert J. Gordon & Arthur M. Okun & Herbert Stein, 1980. "Postwar Macroeconomics: The Evolution of Events and Ideas," NBER Chapters,in: The American Economy in Transition, pages 101-182 National Bureau of Economic Research, Inc.
    3. Sartaj Rasool Rather & S. Raja Sethu Durai & M. Ramachandran, 2015. "Price Rigidity, Inflation and the Distribution of Relative Price Changes," South Asian Journal of Macroeconomics and Public Finance, , vol. 4(2), pages 258-287, December.
    4. Colin A. Carter & Gordon C. Rausser & Aaron Smith, 2011. "Commodity Booms and Busts," Annual Review of Resource Economics, Annual Reviews, vol. 3(1), pages 87-118, October.
    5. Robert J. Gordon, 2013. "The Phillips Curve is Alive and Well: Inflation and the NAIRU During the Slow Recovery," NBER Working Papers 19390, National Bureau of Economic Research, Inc.
    6. William Poole & Robert H. Rasche & David C. Wheelock, 2012. "The Great Inflation: Did The Shadow Know Better?," NBER Chapters,in: The Great Inflation: The Rebirth of Modern Central Banking, pages 61-107 National Bureau of Economic Research, Inc.
    7. Reicher, Christopher Phillip & Utlaut, Johannes Friederich, 2010. "The relationship between oil prices and long-term interest rates," Kiel Working Papers 1637, Kiel Institute for the World Economy (IfW).
    8. Jeffrey D. Sachs, 1978. "The Changing Cyclical Behavior of Wages and Prices: 1890-1976," NBER Working Papers 0304, National Bureau of Economic Research, Inc.
    9. Aurélien Goutsmedt, 2016. "The New Classical Explanation of the Stagflation: A Psychological Way of Thinking," Documents de travail du Centre d'Economie de la Sorbonne 16018, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    10. Gordon, Robert J, 1984. "Supply Shocks and Monetary Policy Revisited," American Economic Review, American Economic Association, vol. 74(2), pages 38-43, May.
    11. repec:hal:journl:halshs-01281962 is not listed on IDEAS
    12. Reicher, Christopher Phillip & Utlaut, Johannes Friederich, 2011. "The effect of inflation on real commodity prices," Kiel Working Papers 1704, Kiel Institute for the World Economy (IfW).
    13. Michael R. Darby, 1981. "The Real Price of Oil and the 1970s World Inflation," NBER Working Papers 0629, National Bureau of Economic Research, Inc.
    14. Stanley Fischer, 1983. "Supply Shocks, Wage Stickiness, and Accommodation," NBER Working Papers 1119, National Bureau of Economic Research, Inc.
    15. Jean-Paul Fitoussi & Edmund S. Phelps, 1987. "Politique économique aux Etats-Unis et croissance du chômage en Europe," Revue de l'OFCE, Programme National Persée, vol. 18(1), pages 123-147.
    16. Robert J. Gordon, 2011. "The History of the Phillips Curve: Consensus and Bifurcation," Economica, London School of Economics and Political Science, vol. 78(309), pages 10-50, January.
    17. repec:pri:cepsud:176blinder is not listed on IDEAS
    18. Reicher Christopher Phillip & Utlaut Johannes Friederich, 2013. "Monetary policy shocks and real commodity prices," The B.E. Journal of Macroeconomics, De Gruyter, vol. 13(1), pages 1-35, October.
    19. Robert J. Gordon, 1986. "Introduction: Continuity and Change in Theory, Behavior,and Methodology," NBER Chapters,in: The American Business Cycle: Continuity and Change, pages 1-34 National Bureau of Economic Research, Inc.
    20. Jeffrey Sachs, 1982. "Stabilization Policies in the World Economy: Scope and Skepticism," NBER Working Papers 0862, National Bureau of Economic Research, Inc.
    21. Michael R. Darby, 1983. "The Importance of Oil Price Changes in the 1970s World Inflation," NBER Chapters,in: The International Transmission of Inflation, pages 232-272 National Bureau of Economic Research, Inc.
    22. Robert J. Gordon, 1998. "Foundations of the Goldilocks Economy: Supply Shocks and the Time-Varying NAIRU," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 29(2), pages 297-346.
    23. Aurélien Goutsmedt, 2016. "The New Classical Explanation of the Stagflation: A Psychological Way of Thinking," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01281962, HAL.
    24. Robert M. Solow, 1980. "What to Do (Macroeconomically) When OPEC Comes," NBER Chapters,in: Rational Expectations and Economic Policy, pages 249-267 National Bureau of Economic Research, Inc.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mcb:jmoncb:v:10:y:1978:i:2:p:206-21. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0022-2879 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.