Research classified by Journal of Economic Literature (JEL) codes

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Top JEL
/ E: Macroeconomics and Monetary Economics
/ / E3: Prices, Business Fluctuations, and Cycles
/ / / E31: Price Level; Inflation; Deflation

2004

• Philip Arestis, 2004, "Is there a trade-off between inflation variability and output-gap variability in the EMU countries?," National Institute of Economic and Social Research (NIESR) Discussion Papers, National Institute of Economic and Social Research, number 238, May.
• Christopher Bowdler & Eilev S. Jansen, 2004, "Testing for a time-varying price-cost markup in the Euro area inflation process," Working Paper Series, Department of Economics, Norwegian University of Science and Technology, number 4004, Feb, revised 11 May 2004.
• Eilev S. Jansen, 2004, "Modelling inflation in the Euro Area," Working Paper Series, Department of Economics, Norwegian University of Science and Technology, number 4104, Mar, revised 01 Jun 2004.
• Kevin Dowd, 2004, "The Swedish Inflation Fan Charts: An Evaluation of the Riksbank?s Inflation Density Forecasts," Occasional Papers, Industrial Economics Division, number 10, Jan, revised 11 Jan 2004.
• Christopher Bowdler & Eilev S. Jansen, 2004, "Testing for a time-varying price-cost markup in the Euro area inflation process," Economics Papers, Economics Group, Nuffield College, University of Oxford, number 2004-W10, Apr.
• Christopher Bowdler & Luca Nunziata, 2004, "A note on the determinants of inflation starts in the OECD," Economics Papers, Economics Group, Nuffield College, University of Oxford, number 2004-W11, May.
• Kam Leong Szeto & Melody Guy, 2004, "Estimating a New Zealand NAIRU," Treasury Working Paper Series, New Zealand Treasury, number 04/10, Sep.
• Annabelle Mourougane & Hideyuki Ibaragi, 2004, "Is There a Change in the Trade-Off Between Output and Inflation at Low or Stable Inflation Rates?: Some Evidence in the Case of Japan," OECD Economics Department Working Papers, OECD Publishing, number 379, Feb, DOI: 10.1787/685810855735.
• Gabriel Moser & Fabio Rumler & Johann Scharler, 2004, "Forecasting Austrian Inflation," Working Papers, Oesterreichische Nationalbank (Austrian Central Bank), number 91, Oct.
• Harald Grech, 2004, "What Do German Short-Term Interest Rates Tell Us About Future Inflation?," Working Papers, Oesterreichische Nationalbank (Austrian Central Bank), number 94, Dec.
• Wiliam Branch & John Carlson & George W. Evans & Bruce McGough, 2004, "Monetary Policy, Endogenous Inattention, and the Volatility Trade-off," University of Oregon Economics Department Working Papers, University of Oregon Economics Department, number 2004-19, Dec, revised 15 May 2007.
• Randall E. Parker & Philip Rothman, 2004, "An Examination of the Asymmetric Effects of Money Supply Shocks in the Pre--World War I and Interwar Periods," Economic Inquiry, Western Economic Association International, volume 42, issue 1, pages 88-100, January.
• Max Gillman & Michal Kejak, 2004, "The Demand for Bank Reserves and Other Monetary Aggregates," Economic Inquiry, Western Economic Association International, volume 42, issue 3, pages 518-533, July.
• Carmen M. Reinhart & Kenneth S. Rogoff, 2004, "The Modern History of Exchange Rate Arrangements: A Reinterpretation," The Quarterly Journal of Economics, President and Fellows of Harvard College, volume 119, issue 1, pages 1-48.
• Dirk Niepelt, 2004, "The Fiscal Myth of the Price Level," The Quarterly Journal of Economics, President and Fellows of Harvard College, volume 119, issue 1, pages 277-300.

2003

• Weshah A. Razzak, 2003, "Wage-Price Dynamics, the Labour Market and Deflation in Hong Kong," Working Papers, Hong Kong Institute for Monetary Research, number 242003, Dec.
• Loboguerrero, Ana María & Panizza, Ugo, 2003, "Inflation and Labor Market Flexibility: The Squeaky Wheel Gets the Grease," IDB Publications (Working Papers), Inter-American Development Bank, number 1478, Aug, DOI: http://dx.doi.org/10.18235/0010817.
• Ana Maria Loboguerrero & Ugo Panizza, 2003, "Inflation and Labor Market Flexibility: The Squeaky Wheel Gets the Grease," Research Department Publications, Inter-American Development Bank, Research Department, number 4347, Aug.
• Olympia Bover & Mario Izquierdo, 2003, "Quality-adjusted prices: hedonic methods and implications for national accounts," Investigaciones Economicas, Fundación SEPI, volume 27, issue 2, pages 199-238, May.
• Juan Ayuso & Graciela L. Kaminsky & David López-Salido, 2003, "Inflation regimes and stabilisation policies: Spain 1962-2001," Investigaciones Economicas, Fundación SEPI, volume 27, issue 3, pages 615-631, September.
• David Andolfatto & Paul Gomme, 2003, "Monetary Policy Regimes and Beliefs," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, volume 44, issue 1, pages 1-30, February.
• Keir G. Armstrong, 2003, "A Restricted-Domain Multilateral Test Approach To The Theory Of International Comparisons," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, volume 44, issue 1, pages 31-86, February.
• Lojschová, Adriana, 2003, "Estimating the Impact of the Balassa-Samuelson Effect in Transition Economies," Economics Series, Institute for Advanced Studies, number 140, Oct.
• Kenneth N. Kuttner & Adam S. Posen, 2003, "The Difficulty of Discerning What's Too Tight: Taylor Rules and Japanese Monetary Policy," Working Paper Series, Peterson Institute for International Economics, number WP03-10, Dec.
• Adam S. Posen, 2003, "It Takes More than a Bubble to Become Japan," Working Paper Series, Peterson Institute for International Economics, number WP03-9, Oct.
• Javier Gómez & Juan Manuel Julio, 2003, "Transmission Mechanism and Inflation Targeting: The Case of Colombia's Desinflation," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, volume 18, issue 2, pages 109-133, December.
• Kitamura, Tomiyuki & Koike, Ryoji, 2003, "The Effectiveness of Forecasting Methods Using Multiple Information Variables," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, volume 21, issue 1, pages 105-143, February.
• Hirose, Yasuo & Kamada, Koichiro, 2003, "A New Technique for Simultaneous Estimation of Potential Output and the Phillips Curve," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, volume 21, issue 2, pages 93-112, August.
• Kuroda, Sachiko & Yamamoto, Isamu, 2003, "The Impact of Downward Nominal Wage Rigidity on the Unemployment Rate: Quantitative Evidence from Japan," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, volume 21, issue 4, pages 57-85, December.
• Mr. Gaston Gelos & Mr. Alessandro Prati & Oya Celasun, 2003, "Would "Cold Turkey" Work in Turkey?," IMF Working Papers, International Monetary Fund, number 2003/049, Mar.
• Ms. Magda E. Kandil & Ida Aghdas Mirzaie, 2003, "The Effects of Exchange Rate Fluctuationson Output and Prices: Evidence From Developing Countries," IMF Working Papers, International Monetary Fund, number 2003/200, Oct.
• Beissinger, Thomas & Knoppik, Christoph, 2003, "Sind Nominallöhne starr? Neuere Evidenz und wirtschaftspolitische Implikationen," IZA Discussion Papers, IZA Network @ LISER, number 800, Jun.
• L'Horty, Yannick & Rault, Christophe, 2003, "Inflation, Minimum Wage and Other Wages: An Econometric Study on French Macroeconomic Data," IZA Discussion Papers, IZA Network @ LISER, number 861, Aug.
• Döpke Jörg & Pierdzioch Christian, 2003, "Inflation and the Skewness of the Distribution of Relative Price Changes: Empirical Evidence for Germany / Inflation und die Schiefe der Verteilung relativer Preisänderungen: Empirische Evidenz für Deutschland," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, volume 223, issue 2, pages 136-158, April, DOI: 10.1515/jbnst-2003-0203.
• Stephen J. Davies, 2003, "Japan's Deflation and the Feasibility of Negative Interest Rates," Kobe Economic & Business Review, Research Institute for Economics & Business Administration, Kobe University, volume 47, pages 93-115, February.
• Várpalotai, Viktor, 2003, "Dezinflációs számítások dezaggregált kibocsátási résekre alapozó makromodellel
  [Disinflation simulations with a disaggregated output gap-based model]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), volume 0, issue 4, pages 287-314.
• Krekó, Judit & Vonnák, Balázs, 2003, "Makroelemzők inflációs várakozásai Magyarországon
  [The inflationary expectations of macro analysts in Hungary]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), volume 0, issue 4, pages 315-334.
• Pete, Péter & Ozsvald, Éva, 2003, "A japán gazdasági válság - likviditási csapda az új évezredben?
  [The Japanese economic crisis - a liquidity trap in the new millennium?]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), volume 0, issue 7, pages 571-589.
• Négyesi, Áron, 2003, "Hogyan mérjük az új gazdaságot?. A termékminőség változásának számbavétele árindexek segítségével
  [How can the new economy be measured?. Estimating change in product quality with the help of price indices]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), volume 0, issue 11, pages 988-1001.
• Jakob B. Madsen, 2003, "The Dynamic Interaction between Equity Prices and Supply Shocks," EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics, number 03-12, Sep.
• Katarina Juselius & Ronald MacDonald, 2003, "International Parity Relationships Between Germany and the United States: A Joint Modelling Approach," FRU Working Papers, University of Copenhagen. Department of Economics. Finance Research Unit, number 2004/08, Oct.
• Philip Arestis & Malcolm Sawyer, 2003, "Inflation Targeting: A Critical Appraisal," Economics Working Paper Archive, Levy Economics Institute, number wp_388, Sep.
• Mustafa Caglayan & Alpay Filiztekin & Michael T. Rauh, 2003, "Market Structure, Inflation, and Price Dispersion," Working Papers, University of Liverpool, Department of Economics, number 2003_03, May, revised 28 Apr 2004.
• André Kurmann, 2003, "Quantifying the Uncertainty about the Fit of a New Keynesian Pricing Model: Extended Version," Cahiers de recherche, CIRPEE, number 0344.
• Khalaf, Lynda & Kichian, Maral, 2003, "Are New Keynesian Phillips Curved Identified?," Cahiers de recherche, GREEN, number 0312.
• Percy Ip, 2003, "Japan Inside the Black Hole," Research Papers, Macquarie University, Department of Economics, number 0308, Sep.
• Ball, Laurence & Romer, David, 2003, "Inflation and the Informativeness of Prices," Journal of Money, Credit and Banking, Blackwell Publishing, volume 35, issue 2, pages 177-196, April.
• Devereux, Michael B & Yetman, James, 2003, "Predetermined Prices and the Persistent Effects of Money on Output," Journal of Money, Credit and Banking, Blackwell Publishing, volume 35, issue 5, pages 729-741, October.
• Ruge-Murcia, Francisco J, 2003, "Inflation Targeting under Asymmetric Preferences," Journal of Money, Credit and Banking, Blackwell Publishing, volume 35, issue 5, pages 763-785, October.
• Hakan Berument, 2003, "Public Sector Pricing Behavior and Inflation Risk Premium in Turkey," Eastern European Economics, Taylor & Francis Journals, volume 41, issue 1, pages 68-78, January.
• Robert Dixon & Guay Lim, 2003, "Underlying Inflation in Australia: Are the Existing Measures Satisfactory?," Department of Economics - Working Papers Series, The University of Melbourne, number 878.
• Balázs Világi, 2003, "The Optimal Euro Conversion Rate in a Stochastic Dynamic General Equilibrium Model," MNB Working Papers, Magyar Nemzeti Bank (Central Bank of Hungary), number 2003/11.
• CASTRO, Rui & RESENDE, Carlos & RUGE-MURCIA, Francisco J., 2003, "The Backing of Government Debt and the Price Level," Cahiers de recherche, Universite de Montreal, Departement de sciences economiques, number 2003-22.
• CASTRO, Rui & De RESENDE, Carlos & RUGE-MURCIA, Francisco, 2003, "The Backing of Government Debt and the Price Level," Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ, number 16-2003.
• Viv Hall & Angela Huang, 2003, "Would Adopting the US Dollar Have Led to Improved Inflation, Output and Trade Balances for New Zealand in the 1990s?," Motu Working Papers, Motu Economic and Public Policy Research, number 03_14, Sep.
• Arminio Fraga & Ilan Goldfajn & Andre Minella, 2003, "Inflation Targeting in Emerging Market Economies," NBER Working Papers, National Bureau of Economic Research, Inc, number 10019, Oct.
• Willem H. Buiter, 2003, "Helicopter Money: Irredeemable Fiat Money and the Liquidity Trap," NBER Working Papers, National Bureau of Economic Research, Inc, number 10163, Dec.
• Michael D. Bordo & Robert D. Dittmar & William T. Gavin, 2003, "Gold, Fiat Money, and Price Stability," NBER Working Papers, National Bureau of Economic Research, Inc, number 10171, Dec.
• Robert J. Shiller, 2003, "The Invention of Inflation-Indexed Bonds in Early America," NBER Working Papers, National Bureau of Economic Research, Inc, number 10183, Dec.
• Eric M. Leeper, 2003, "Fiscal Policy and Inflation: Pondering the Imponderables," NBER Working Papers, National Bureau of Economic Research, Inc, number 9506, Feb.
• Michael D. Bordo & Angela Redish, 2003, "Is Deflation depressing? Evidence from the Classical Gold Standard," NBER Working Papers, National Bureau of Economic Research, Inc, number 9520, Mar.
• Guillermo Calvo & Oya Celasun & Michael Kumhof, 2003, "Inflation Inertia and Credible Disinflation - The Open Economy Case," NBER Working Papers, National Bureau of Economic Research, Inc, number 9557, Mar.
• Jess Behabib & Stephanie Schmitt-Grohe & Martin Uribe, 2003, "Backward-Looking Interest-Rate Rules, Interest-Rate Smoothing, and Macroeconomic Instability," NBER Working Papers, National Bureau of Economic Research, Inc, number 9558, Mar.
• Douglas Laxton & Paolo Pesenti, 2003, "Monetary Rules for Small, Open, Emerging Economies," NBER Working Papers, National Bureau of Economic Research, Inc, number 9568, Mar.
• Willem H. Buiter, 2003, "Deflation: Prevention and Cure," NBER Working Papers, National Bureau of Economic Research, Inc, number 9623, Apr.
• Patrick Bajari & C. Lanier Benkard & John Krainer, 2003, "House Prices and Consumer Welfare," NBER Working Papers, National Bureau of Economic Research, Inc, number 9783, Jun.
• Ari Aisen & Francisco José Veiga, 2003, "Does Political Instability lead to higher and more volatile inflation? A Panel Data Analysis," NIPE Working Papers, NIPE - Universidade do Minho, number 10/2003.
• Francisco José Veiga, 2003, "The Political Economy of Failed Stabilization," NIPE Working Papers, NIPE - Universidade do Minho, number 13/2003.
• Vítor Castro, 2003, "The Impact of Conflicts of Interest on Inflation Stabilization," NIPE Working Papers, NIPE - Universidade do Minho, number 8/2003.
• João Sicsú, 2003, "A economia monetária e regional da alta inflação: um estudo sobre o acesso à moeda indexada no Sul, Sudeste e Nordeste [Monetary and regional economics in a high inflationary regime: a study of access to indexed assets in the Southern, Southeastern, ," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), volume 13, issue 1, pages 143-164, January-J.
• Francisco G. Carneiro & José Ângelo C. A. Divino & Carlos Henrique Rocha, 2003, "Reconsiderando o efeito Fisher: uma análise de cointegração entre taxas de juros e inflação [Rethinking the Fisher Effect: a co-integration analysis between interest rates and inflation]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), volume 13, issue 1, pages 81-100, January-J.
• Christopher Bowdler, 2003, "Openness and the Output-Inflation Tradeoff," Economics Papers, Economics Group, Nuffield College, University of Oxford, number 2003-W04, Feb.
• Heino Bohn Nielsen & Christopher Bowdler, 2003, "Inflation Adjustment in the Open Economy: An I(2) Analysis of UK Prices," Economics Papers, Economics Group, Nuffield College, University of Oxford, number 2003-W05, Mar.
• Peter Flaschel & Hans-Martin Krolzig, 2003, "Wage and Price Phillips Curves An empirical analysis of destabilizing wage-price spirals," Economics Papers, Economics Group, Nuffield College, University of Oxford, number 2003-W16, Jan.
• Olivier Basdevant, 2003, "Learning process and rational expectations: an analysis using a small macroeconomic model for New Zealand," Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand, number DP2003/05, May.
• Pedro de Lima & Alain de Serres & Mike Kennedy, 2003, "Macroeconomic Policy and Economic Performance," OECD Economics Department Working Papers, OECD Publishing, number 353, Apr, DOI: 10.1787/444611645531.
• George W. Evans & Seppo Honkapohja, 2003, "Friedman's Money Supply Rule versus Optimal Interest Rate Policy," University of Oregon Economics Department Working Papers, University of Oregon Economics Department, number 2003-30, Oct, revised 01 Oct 2003.
• Klaus Adam & George W. Evans & Seppo Honkapohja, 2003, "Are Hyperinflationary Paths Learnable?," University of Oregon Economics Department Working Papers, University of Oregon Economics Department, number 2003-31, Mar, revised 22 Apr 2005.
• Michael T. Kiley, 2003, "Why Is Inflation Low When Productivity Growth Is High?," Economic Inquiry, Western Economic Association International, volume 41, issue 3, pages 392-406, July.
• Bernardino Adão & Isabel Correia & Pedro Teles, 2003, "Gaps and Triangles," The Review of Economic Studies, Review of Economic Studies Ltd, volume 70, issue 4, pages 699-713.
• George W. Evans & Seppo Honkapohja, 2003, "Expectations and the Stability Problem for Optimal Monetary Policies," The Review of Economic Studies, Review of Economic Studies Ltd, volume 70, issue 4, pages 807-824.
• Klaus Adam, 2003, "Learning and Equilibrium Selection in a Monetary Overlapping Generations Model with Sticky Prices," The Review of Economic Studies, Review of Economic Studies Ltd, volume 70, issue 4, pages 887-907.
• Francesco Lippi, 2003, "Strategic Monetary Policy with Non-Atomistic Wage Setters," The Review of Economic Studies, Review of Economic Studies Ltd, volume 70, issue 4, pages 909-919.
• Armando Baqueiro & Alejandro D�az de Le�n & Alberto Torres, 2003, "¿Temor a la flotación o a la inflación? La importancia del “traspaso” del tipo de cambio a los precios," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 21, issue 44, pages 64-94.
• Martha Misas A. & Carlos Esteban Posada P & Diego Mauricio V�squez E, 2003, "¿Está determinado el nivel de precios por las expectativas de dinero y producto en Colombia?," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 21, issue 43, pages 8-31, DOI: 10.32468/Espe.4301.
• Armando Baqueiro & Alejandro D�az de Le�n & Alberto Torres, 2003, "¿Temor a la flotación o a la inflación? La importancia del “traspaso” del tipo de cambio a los precios," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 21, issue 44, pages 64-94, DOI: 10.32468/Espe.4402.
• Helmuth Árias Gómez, 2003, "Un ejercicio teórico y empírico acerca de la demanda de dinero," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia.
• Mark Horridge, 2003, "Small-change Computations of Price and Quantity Indices," Centre of Policy Studies/IMPACT Centre Working Papers, Victoria University, Centre of Policy Studies/IMPACT Centre, number c13, Oct.
• Gerlach, Stefan, 2003, "Recession Aversion, Output and the Kydland-Prescott Barro-Gordon Model," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3687, Jan.
• Gerlach, Stefan, 2003, "The ECB's Two Pillars," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3689, Jan.
• Correia, Isabel & Teles, Pedro & Nicolini, Juan Pablo, 2003, "Optimal Fiscal and Monetary Policy: Equivalence Results," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3730, Feb.
• Cukierman, Alex & Gerlach, Stefan, 2003, "The Inflation Bias Revisited: Theory and Some International Evidence," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3761, Feb.
• Levin, Andrew & Coenen, Günter & Wieland, Volker, 2003, "Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3812, Mar.
• Buiter, Willem, 2003, "Deflation: Prevention and Cure," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3869, Apr.
• Honkapohja, Seppo & Evans, George W., 2003, "Freidman's Money Supply Rule versus Optimal Interest Rate Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3883, May.
• Coenen, Günter & Orphanides, Athanasios & Wieland, Volker, 2003, "Price Stability and Monetary Policy Effectiveness when Nominal Interest Rates are Bounded at Zero," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3892, May.
• Coenen, Günter & Wieland, Volker, 2003, "The Zero-Interest Rate Bound and the Role of the Exchange Rate for Monetary Policy in Japan," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3895, May.
• Kilian, Lutz & Manganelli, Simone, 2003, "The Central Banker as a Risk Manager: Quantifying and Forecasting Inflation Risks," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3918, Jun.
• Driffill, John & Rotondi, Zeno, 2003, "Delegation of Monetary Policy: More than a Relocation of the Time-Inconsistency Problem," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3923, Jun.
• Benhabib, Jess & Uribe, Martín & Schmitt-Grohé, Stephanie, 2003, "Backward-Looking Interest Rate Rules, Interest Rate Smoothing and Macroeconomic Instability," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3928, Jun.
• Honkapohja, Seppo & Evans, George W., 2003, "Adaptive Learning and Monetary Policy Design," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3962, Jul.
• Buiter, Willem, 2003, "Two Naked Emperors? Concerns about the Stability and Growth Pact and Second Thoughts About Central Bank Independence," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4001, Aug.
• Aksoy, Yunus & Orphanides, Athanasios & Wieland, Volker & Wilcox, David & Small, David, 2003, "A Quantitative Exploration of the Opportunistic Approach to Disinflation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4073, Sep.
• Adam, Klaus & Billi, Roberto, 2003, "Optimal Monetary Policy Under Commitment with a Zero Bound on Nominal Interest Rates," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4111, Nov.
• José Alberto Fuinhas, 2003, "O canal do crédito, o sobreendividamento e as crises económicas," Working Papers de Gestão, Economia e Marketing (Management, Economics and Marketing Working Papers), Universidade da Beira Interior, Departamento de Gestão e Economia (Portugal), number 03/2003.
• Voth, Hans-Joachim, 2003, "With a Bang, not a Whimper: Pricking Germany's “Stock Market Bubble” in 1927 and the Slide into Depression," The Journal of Economic History, Cambridge University Press, volume 63, issue 1, pages 65-99, March.
• Van Zandt, Timothy & Lettau, Martin, 2003, "Robustness Of Adaptive Expectations As An Equilibrium Selection Device," Macroeconomic Dynamics, Cambridge University Press, volume 7, issue 1, pages 89-118, February.
• Desgranges, Gabriel & Gauthier, Stéphane, 2003, "Uniqueness Of Bubble-Free Solution In Linear Rational Expectations Models," Macroeconomic Dynamics, Cambridge University Press, volume 7, issue 2, pages 171-191, April.
• Neiss, Katharine S. & Nelson, Edward, 2003, "The Real-Interest-Rate Gap As An Inflation Indicator," Macroeconomic Dynamics, Cambridge University Press, volume 7, issue 2, pages 239-262, April.
• John Geanakoplos, 2003, "The Ideal Inflation Indexed Bond and Irving Fisher's Impatience Theory of Interest in an Overlapping Generations World," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University, number 1429, Jul.
• Robert J. Shiller, 2003, "The Invention of Inflation-Indexed Bonds in Early America," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University, number 1442, Oct.
• Hassler, Uwe & Neugart, Michael, 2003, "Inflation-unemployment trade-off and regional labor market data," Publications of Darmstadt Technical University, Institute for Business Studies (BWL), Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL), number 57331.
• Ryo Kato, 2003, "Matlab code for Sbordone's estimation for a sticky price model," QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles, number 116, revised .
• Garcí­a, Juan Angel, 2003, "An introduction to the ECB's survey of professional forecasters," Occasional Paper Series, European Central Bank, number 8, Sep.
• Wieland, Volker & Coenen, Günter, 2003, "The zero-interest-rate bound and the role of the exchange rate for monetary policy in Japan," Working Paper Series, European Central Bank, number 218, Mar.
• Padula, Mario & Backé, Peter, 2003, "Inflation dynamics and subjective expectations in the United States," Working Paper Series, European Central Bank, number 222, Apr.
• Backé, Peter, 2003, "Optimal monetary policy with imperfect common knowledge," Working Paper Series, European Central Bank, number 223, Apr.
• Kilian, Lutz & Manganelli, Simone, 2003, "The central bank as a risk manager: quantifying and forecasting inflation risks," Working Paper Series, European Central Bank, number 226, Apr.
• Orphanides, Athanasios & Wieland, Volker & Coenen, Günter, 2003, "Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero," Working Paper Series, European Central Bank, number 231, May.
• Rich, Georg, 2003, "Swiss monetary policy targeting 1974-1996: the role of internal policy analysis," Working Paper Series, European Central Bank, number 236, Jun.
• Hahn, Elke, 2003, "Pass-through of external shocks to euro area inflation," Working Paper Series, European Central Bank, number 243, Jul.
• Hubrich, Kirstin, 2003, "Forecasting euro area inflation: Does aggregating forecasts by HICP component improve forecast accuracy?," Working Paper Series, European Central Bank, number 247, Aug.
• McAdam, Peter & Willman, Alpo, 2003, "New Keynesian Phillips Curves: a reassessment using euro-area data," Working Paper Series, European Central Bank, number 265, Sep.
• Coenen, Günter, 2003, "Zero lower bound: is it a problem in the euro area?," Working Paper Series, European Central Bank, number 269, Sep.
• Coenen, Günter, 2003, "Downward nominal wage rigidity and the long-run Philips Curve: simulation-based evidence for the euro area," Working Paper Series, European Central Bank, number 270, Sep.
• Klaeffling, Matt & López Pérez, Víctor, 2003, "Inflation targets and the liquidity trap," Working Paper Series, European Central Bank, number 272, Sep.
• Castelnuovo, Efrem & Rodriguez-Palenzuela, Diego & Nicoletti Altimari, Sergio, 2003, "Definition of price stability, range and point inflation targets: the anchoring of long-term inflation expectations," Working Paper Series, European Central Bank, number 273, Sep.
• Camba-Méndez, Gonzalo & Garcí­a, Juan Angel & Rodriguez-Palenzuela, Diego, 2003, "Relevant economic issues concerning the optimal rate of inflation," Working Paper Series, European Central Bank, number 278, Sep.
• Annicchiarico, Barbara, 2003, "Government deficits, wealth effects and the price level in an optimizing model," Working Paper Series, European Central Bank, number 285, Nov.
• Coenen, Günter, 2003, "Inflation persistence and robust monetary policy design," Working Paper Series, European Central Bank, number 290, Nov.
• Krolzig, Hans-Martin & Peter Flaschel, 2003, "Wage and Price Phillips Curves," Royal Economic Society Annual Conference 2003, Royal Economic Society, number 128, Jun.
• Martin D. D. Evans, 2003, "Real risk, inflation risk, and the term structure," Economic Journal, Royal Economic Society, volume 113, issue 487, pages 345-389, April.
• Willem H. Buiter & Nikolaos Panigirtzoglou, 2003, "Overcoming the zero bound on nominal interest rates with negative interest on currency: gesell's solution," Economic Journal, Royal Economic Society, volume 113, issue 490, pages 723-746, October.
• Stephen Nickell & Glenda Quintini, 2003, "Nominal wage rigidity and the rate of inflation," Economic Journal, Royal Economic Society, volume 113, issue 490, pages 762-781, October.
• Ehrmann, Michael & Smets, Frank, 2003, "Uncertain potential output: implications for monetary policy," Journal of Economic Dynamics and Control, Elsevier, volume 27, issue 9, pages 1611-1638, July.
• Colombo, Luca & Weinrich, Gerd, 2003, "The Phillips curve as a long-run phenomenon in a macroeconomic model with complex dynamics," Journal of Economic Dynamics and Control, Elsevier, volume 28, issue 1, pages 1-26, October.
• Evans, George W. & Honkapohja, Seppo, 2003, "Expectational stability of stationary sunspot equilibria in a forward-looking linear model," Journal of Economic Dynamics and Control, Elsevier, volume 28, issue 1, pages 171-181, October.
• Corrado, Luisa & Holly, Sean, 2003, "Nonlinear Phillips curves, mixing feedback rules and the distribution of inflation and output," Journal of Economic Dynamics and Control, Elsevier, volume 28, issue 3, pages 467-492, December.
• Robalo Marques, Carlos & Duarte Neves, Pedro & Morais Sarmento, Luis, 2003, "Evaluating core inflation indicators," Economic Modelling, Elsevier, volume 20, issue 4, pages 765-775, July.
• Caglayan, Mustafa & Filiztekin, Alpay, 2003, "Nonlinear impact of inflation on relative price variability," Economics Letters, Elsevier, volume 79, issue 2, pages 213-218, May.
• Awokuse, Titus O. & Yang, Jian, 2003, "The informational role of commodity prices in formulating monetary policy: a reexamination," Economics Letters, Elsevier, volume 79, issue 2, pages 219-224, May.
• Gerlach, Stefan, 2003, "Recession aversion, output and the Kydland-Prescott Barro-Gordon model," Economics Letters, Elsevier, volume 81, issue 3, pages 389-394, December.
• Gali, Jordi & Gertler, Mark & David Lopez-Salido, J., 2003, "Erratum to "European inflation dynamics": [European Economic Review 45 (2001), 1237-1270]," European Economic Review, Elsevier, volume 47, issue 4, pages 759-760, August.
• Amato, Jeffery D. & Laubach, Thomas, 2003, "Rule-of-thumb behaviour and monetary policy," European Economic Review, Elsevier, volume 47, issue 5, pages 791-831, October.
• Giordani, Paolo & Soderlind, Paul, 2003, "Inflation forecast uncertainty," European Economic Review, Elsevier, volume 47, issue 6, pages 1037-1059, December.
• Bergen, Mark & Ritson, Mark & Dutta, Shantanu & Levy, Daniel & Zbaracki, Mark, 2003, "Shattering the Myth of Costless Price Changes," European Management Journal, Elsevier, volume 21, issue 6, pages 663-669, December.
• Bordo, Michael D. & Dueker, Michael J. & Wheelock, David C., 2003, "Aggregate price shocks and financial stability: the United Kingdom 1796-1999," Explorations in Economic History, Elsevier, volume 40, issue 2, pages 143-169, April.
• Egert, Balazs & Drine, Imed & Lommatzsch, Kirsten & Rault, Christophe, 2003, "The Balassa-Samuelson effect in Central and Eastern Europe: myth or reality?," Journal of Comparative Economics, Elsevier, volume 31, issue 3, pages 552-572, September.
• Bhattacharya, Joydeep & Russell, Steven, 2003, "Two-period cycles in a three-period overlapping generations model," Journal of Economic Theory, Elsevier, volume 109, issue 2, pages 378-401, April.
• Evans, George W. & Honkapohja, Seppo, 2003, "Existence of adaptively stable sunspot equilibria near an indeterminate steady state," Journal of Economic Theory, Elsevier, volume 111, issue 1, pages 125-134, July.
• Foroni, Ilaria & Gardini, Laura & Rosser, J.Barkley, 2003, "Adaptive and statistical expectations in a renewable resource market," Mathematics and Computers in Simulation (MATCOM), Elsevier, volume 63, issue 6, pages 541-567, DOI: 10.1016/S0378-4754(03)00063-6.
• Page, Frank Jr. & Monteiro, Paulo K., 2003, "Three principles of competitive nonlinear pricing," Journal of Mathematical Economics, Elsevier, volume 39, issue 1-2, pages 63-109, February.
• Gali, Jordi & Lopez-Salido, J. David & Valles, Javier, 2003, "Technology shocks and monetary policy: assessing the Fed's performance," Journal of Monetary Economics, Elsevier, volume 50, issue 4, pages 723-743, May.
• De Fiore, Fiorella & Teles, Pedro, 2003, "The optimal mix of taxes on money, consumption and income," Journal of Monetary Economics, Elsevier, volume 50, issue 4, pages 871-887, May.
• Erceg, Christopher J. & Levin, Andrew T., 2003, "Imperfect credibility and inflation persistence," Journal of Monetary Economics, Elsevier, volume 50, issue 4, pages 915-944, May.
• Coenen, Gunter & Wieland, Volker, 2003, "The zero-interest-rate bound and the role of the exchange rate for monetary policy in Japan," Journal of Monetary Economics, Elsevier, volume 50, issue 5, pages 1071-1101, July.
• Laxton, Douglas & Pesenti, Paolo, 2003, "Monetary rules for small, open, emerging economies," Journal of Monetary Economics, Elsevier, volume 50, issue 5, pages 1109-1146, July.
• Levin, Andrew T. & Williams, John C., 2003, "Robust monetary policy with competing reference models," Journal of Monetary Economics, Elsevier, volume 50, issue 5, pages 945-975, July.
• Ireland, Peter N., 2003, "Endogenous money or sticky prices?," Journal of Monetary Economics, Elsevier, volume 50, issue 8, pages 1623-1648, November.
• T. Windsor Fields & William R. Hart, 2003, "Bridging the Gap between the Interest Rate and Price Level Approaches in the AD-AS Model: The Role of the Loanable Funds Market," Eastern Economic Journal, Eastern Economic Association, volume 29, issue 3, pages 377-390, Summer.
• Adrienne A. Kearney, 2003, "The Changing Probability of a Monetary Policy Response to Inflation and Employment Announcements," Eastern Economic Journal, Eastern Economic Association, volume 29, issue 4, pages 565-574, Fall.
• Yesim Kustepeli, 2003, "The Effect of Nominal Government Deficits on Economic Growth," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, volume 3, issue 1, pages 47-57.
• Buiter, Willem H., 2003, "James Tobin : an appreciation of his contribution to economics," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 847, Nov.
• Buiter, Willem H., 2003, "Overcoming the zero bound on nominal interest rates with negative interest on currency : Gesell's solution," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 848, Oct.
• Viviane Luporini, 2003, "Inflation adjusted nominal deficit: a note on Robert Barro’s definition," Brazilian Journal of Political Economy, FGV EAESP, volume 23, issue 1, pages 154-159, January, DOI: 10.1590/0101-31572003-0725.
• Viviane Luporini, 2003, "Déficit nominal ajustado à inflação: uma nota sobre a definição de Robert Barro," Brazilian Journal of Political Economy, FGV EAESP, volume 23, issue 1, pages 154-159, January, DOI: 10.1590/0101-31572003-0725.
• Angel Ubide, 2003, "La trampa estructural de Japón. Lecciones para Europa y Estados Unidos," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, volume 52, issue 01, pages 54-73.
• Antonio Carrascosa & Fernando Benito, 2003, "La eficacia de las políticas monetaria y fiscal en Japón," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, volume 52, issue 01, pages 94-127.
• David Cano Martínez, 2003, "Experiencias y herramientas para anticipar y curar la deflación. ¿Qué puede hacer un banco central?," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, volume 52, issue 01, pages 128-153.
• Antonio Torrero, 2003, "Valoración de activos y crisis bancaria en Japón," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, volume 52, issue 01, pages 176-191.
• Montse Martínez & Xavier Torres, 2003, "Riesgo de deflación en EE.UU.: ¿Un temor justificado?," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, volume 52, issue 01, pages 220-245.
• Carsten TRENKLER & Nikolaus WOLF, 2003, "Economic Integration in Interwar Poland - A Threshold Cointegration Analysis of the Law of One Price for Poland (1924-1937)," Economics Working Papers, European University Institute, number ECO2003/05.
• Yannick L’Horty & Christophe Rault, 2003, "Inflation, Minimum Wage and Other Wages: An Econometric Study on French Macroeconomic Data," Documents de recherche, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne, number 03-09.
• Agostinho S. Rosa, 2003, "Inflação Portuguesa: pelos custos ou monetária?," Economics Working Papers, University of Évora, Department of Economics (Portugal), number 6_2003.
• Martin Èihák & Tomáš Holub, 2003, "Price Convergence: What Can the Balassa-Samuelson Model Tell Us? (in English)," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, volume 53, issue 7-8, pages 334-355, July.
• Bonomo, Marco Antônio Cesar & Carvalho, Carlos Viana de, 2003, "Endogenous time-dependent rules and the costs of disinflation with imperfect credibility," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE), EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), number 505, Oct.
• Pau Rabanal & Juan F. Rubio-Ramirez, 2003, "Comparing New Keynesian models in the Euro area: a Bayesian approach," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2003-30.