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

• Persson , Mats & Persson , Torsten & Svensson, Lars E.O., 2004, "Time Consistency of Fiscal and Monetary Policy: A Solution," Seminar Papers, Stockholm University, Institute for International Economic Studies, number 734, Oct.
• Palenmark, Sirly, 2004, "Differences in Relative Prices in the EU," Working Papers, Lund University, Department of Economics, number 2004:16, May.
• Holden, Steinar & Wulfsberg, Fredrik, 2004, "Downward Nominal Wage Rigidity in Europe," Memorandum, Oslo University, Department of Economics, number 08/2004, Mar.
• Holden, Steinar, 2004, "Wage formation under low inflation," Memorandum, Oslo University, Department of Economics, number 09/2004, Oct.
• Johnsson, Richard, 2004, "Taxation and Domestic Free Trade," Ratio Working Papers, The Ratio Institute, number 40, Apr, revised 07 Jun 2004.
• Jonsson, Magnus & Palmqvist, Stefan, 2004, "Do Higher Wages Cause Inflation?," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 159, Apr.
• Berg, Claes & Jansson, Per & Vredin, Anders, 2004, "How Useful are Simple Rules for Monetary Policy? The Swedish Experience," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 169, Aug.
• Michael Kumhof, 2004, "Fiscal Crisis Resolution: Taxation versus Inflation," Working Papers, Hong Kong Institute for Monetary Research, number 102004, May.
• Kaushik Mitra & Seppo Honkapohja, 2004, "Are Non-Fundamental Equilibria Learnable in Models of Monetary Policy?," Royal Holloway, University of London: Discussion Papers in Economics, Department of Economics, Royal Holloway University of London, number 04/13, Jul, revised Jul 2004.
• Kaushik Mitra & Seppo Honkapohja, 2004, "Monetary Policy with Internal Central Bank Forecasting: A Case of Heterogenous Information," Royal Holloway, University of London: Discussion Papers in Economics, Department of Economics, Royal Holloway University of London, number 04/16, Jul, revised Jul 2004.
• Kaushik Mitra & Seppo Honkapohja, 2004, "Performance of Monetary Policy with Internal Central Bank Forecasting," Royal Holloway, University of London: Discussion Papers in Economics, Department of Economics, Royal Holloway University of London, number 04/18, Jul, revised Jul 2004.
• Solikin M. Juhro & Iman Sugema, 2004, "Rigiditas Harga Upah Dan Implikasinya Pada Kebijakan Moneter Di Indonesia," Bulletin of Monetary Economics and Banking, Bank Indonesia, volume 7, issue 2, pages 237-272, September, DOI: https://doi.org/10.21098/bemp.v7i2..
• Firman Mochtar, 2004, "Fiscal and Monetary Policy Interaction: Evidences and Implication for Inflation Targeting in Indonesia," Bulletin of Monetary Economics and Banking, Bank Indonesia, volume 7, issue 3, pages 359-386, December, DOI: https://doi.org/10.21098/bemp.v7i3..
• Ángel Estrada & J. David López-Salido, 2004, "Understanding Spanish dual inflation," Investigaciones Economicas, Fundación SEPI, volume 28, issue 1, pages 123-140, January.
• Mario Izquierdo & Mª de los LLanos Matea, 2004, "Índices de precios hedónicos para ordenadores personales en España," Investigaciones Economicas, Fundación SEPI, volume 28, issue 2, pages 377-396, May.
• Emek Basker, 2004, "Selling a Cheaper Mousetrap: Wal-Mart's Effect on Retail Prices," Working Papers, Department of Economics, University of Missouri, number 0401, Oct, revised 16 Mar 2004.
• Joseph H. Haslag & Joydeep Bhattacharya & Antoine Martin, 2004, "Sub-Optimality of the Friedman Rule in Townsends Turnpike and Limited Communication Models of money: Do finite lives and initial dates matter?," Working Papers, Department of Economics, University of Missouri, number 0415, Dec, revised 21 Dec 2004.
• Joseph H. Haslag & Joydeep Bhattacharya & Antoine Martin & Rajesh Singh, 2004, "Who is Afraid of the Friedman Rule?," Working Papers, Department of Economics, University of Missouri, number 0421, Dec, revised 21 Dec 2004.
• Peter Skott & Peter Flaschel, 2004, "Steindlian Models of Growth and Stagnation," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics, number 2004-11, Jun.
• Daal, Elton & Naka, Atsuyuki & Sanchez, Benito, 2004, "Re-examining inflation and inflation uncertainty in developed and emerging countries," Working Papers, University of New Orleans, Department of Economics and Finance, number 2004-06.
• Tommy Sveen & Lutz Weinke, 2004, "Pitfalls in the modeling of forward-looking price setting and investment decisions," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 773, Sep.
• Tommy Sveen & Lutz Weinke, 2004, "Firm-specific investment, sticky prices and the Taylor principle," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 780, Oct.
• George W. Evans & Seppo Honkapohja & Ramon Marimon, 2004, "Stable sunspot equilibria in a cash-in-advance economy," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 844, Feb, revised Jul 2005.
• Jochen Michaelis & Heike Minich, 2004, "Inflationsdifferenzen im Euroraum - eine Bestandsaufnahme," Aussenwirtschaft, University of St. Gallen, School of Economics and Political Science, Swiss Institute for International Economics and Applied Economics Research, volume 59, issue 04, pages 379-405, December.
• Toichiro Asada & Pu Chen & Carl Chiarella & Peter Flaschel, 2004, "Keynesian Dynamics and the Wage-Price Spiral: A Baseline Disequilibrium Model," Working Paper Series, Finance Discipline Group, UTS Business School, University of Technology, Sydney, number 139, Dec.
• Luigi CAMPIGLIO & Alessia LONGHI, 2004, "Prezzi e inflazione nel mercato dell’auto in Italia," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, volume 112, issue 3, pages 307-337.
• Jesús Crespo Cuaresma & Maria Antoinette Silgoner, 2004, "Growth effects of inflation in Europe: How low is too low, how high is too high?," Vienna Economics Papers, University of Vienna, Department of Economics, number vie0411, Dec.
• John Gibson & Steven Stillman & Trinh Le, 2004, "CPI Bias and Real Living Standards in Russia During the Transition," Working Papers in Economics, University of Waikato, number 04/02, Sep.
• Jan Hanousek & Randall K. Filer, 2004, "Consumers' Opinion of Inflation Bias Due to Quality Improvements," William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan, number 2004-681, May.
• Aghassi Mkrtchyan, 2004, "Impact Of Regulated Price Adjustments On Price Variability In A Very Low Inflation Transition Economy: Case Of Armenia," William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan, number wp731, Nov.
• Thomas Mayer & Patrick Minford, 2004, "Monetarism," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, volume 5, issue 2, pages 147-185, April.
• Michael S. Hanson, 2004, "Monetary Factors in the Long-Run Co-movement of Consumer and Commodity Prices," Wesleyan Economics Working Papers, Wesleyan University, Department of Economics, number 2004-001, Mar.
• Dario Cziraky & Max Gillman, 2004, "Inflation and Endogenous Growth in Underground Economies," wiiw Balkan Observatory Working Papers, The Vienna Institute for International Economic Studies, wiiw, number 50, Jun.
• Janine Aron & John Muellbauer & Coen Pretorius, 2004, "A Framework for Forecasting the Components of the Consumer Price," Development and Comp Systems, University Library of Munich, Germany, number 0409054, Sep.
• Janine Aron & John Muellbauer & Benjamin Smit, 2004, "A Structural Model of the Inflation Process in South Africa," Development and Comp Systems, University Library of Munich, Germany, number 0409055, Sep.
• Janine Aron & John Muellbauer, 2004, "Construction of CPIX Data for Forecasting and Modelling in South Africa," Development and Comp Systems, University Library of Munich, Germany, number 0409056, Sep.
• Goetz von Peter, 2004, "Asset Prices and Banking Distress: A Macroeconomic Approach," Finance, University Library of Munich, Germany, number 0411034, Nov.
• Mark Bergen & Daniel Levy & Sourav Ray & Paul Rubin & Benjamin Zeliger, 2004, "When Little Things Mean a Lot: On the Inefficiency of Item Pricing Laws," Law and Economics, University Library of Munich, Germany, number 0405005, May, revised 02 Jun 2005.
• Viv Hall & Angela Huang, 2004, "WOULD ADOPTING THE US DOLLAR HAVE LED TO IMPROVED INFLATION, OUTPUT AND TRADE BALANCES FOR NEW ZEALAND IN THE 1990s?," Macroeconomics, University Library of Munich, Germany, number 0401001, Jan.
• Aykut Kibritcioglu, 2004, "Economic Crises and Governments in Turkey, 1969-2001 (Turkiye'de Ekonomik Krizler ve Hukumetler, 1969-2001)," Macroeconomics, University Library of Munich, Germany, number 0401008, Jan.
• Marco Bonomo & Carlos Viana de Carvalho, 2004, "Endogenous Time-Dependent Rules and the Costs of Disinflation with Imperfect Credibility," Macroeconomics, University Library of Munich, Germany, number 0402006, Feb, revised 09 Sep 2005.
• Michal Brzoza-Brzezina, 2004, "The Information Content of the Natural Rate of Interest: The Case of Poland," Macroeconomics, University Library of Munich, Germany, number 0402007, Feb.
• Daniel Levy & Andrew Young, 2004, ""The Real Thing:" Nominal Price Rigidity of the Nickel Coke, 1886-1959," Macroeconomics, University Library of Munich, Germany, number 0402013, Feb.
• Shantanu Dutta & Mark Bergen & Daniel Levy, 2004, "Price Flexibility in Channels of Distribution: Evidence from Scanner Data," Macroeconomics, University Library of Munich, Germany, number 0402018, Feb.
• Daniel Levy & Georg Muller & Shantanu Dutta & Mark Bergen, 2004, "Holiday Price Rigidity and Cost of Price Adjustment," Macroeconomics, University Library of Munich, Germany, number 0402019, Feb, revised 10 Jun 2005.
• Mark Zbaracki & Mark Ritson & Daniel Levy & Shantanu Dutta & Mark Bergen, 2004, "Managerial and Customer Costs of Price Adjustment: Direct Evidence from Industrial Markets," Macroeconomics, University Library of Munich, Germany, number 0402020, Feb.
• Daniel Levy & Shantanu Dutta & Mark Bergen, 2004, "Heterogeneity in Price Rigidity: Evidence from a Case Study Using Micro-Level Data," Macroeconomics, University Library of Munich, Germany, number 0402021, Feb.
• Junning Cai, 2004, "Liquidity Trap Prevention and Escape: A Simple Proposition," Macroeconomics, University Library of Munich, Germany, number 0402033, Feb.
• Aykut Kibritcioglu & Bengi Kibritcioglu, 2004, "Real Exchange Rate Misalignment in Turkey, 1987-2003 (in Turkish)," Macroeconomics, University Library of Munich, Germany, number 0403006, Mar, revised 22 Apr 2004.
• Marco Vega & Diego Winkelried, 2004, "How Does Global Disinflation Drag Inflation in Small Open Economies?," Macroeconomics, University Library of Munich, Germany, number 0403008, Mar.
• Aykut Kibritcioglu, 2004, "A Short Review of the Long History of Turkish High Inflation," Macroeconomics, University Library of Munich, Germany, number 0404003, Apr.
• Jukka Railavo, 2004, "Stability consequences of fiscal policy rules," Macroeconomics, University Library of Munich, Germany, number 0404020, Apr.
• Lauri Kajanoja, 2004, "Extracting growth and inflation expectations from financial market data," Macroeconomics, University Library of Munich, Germany, number 0404021, Apr.
• Tibor Hlédik, 2004, "A calibrated structural model of the Czech economy," Macroeconomics, University Library of Munich, Germany, number 0404027, Apr.
• Jukka Railavo, 2004, "Effects of the supply-side channel on stabilisation properties of policy rules," Macroeconomics, University Library of Munich, Germany, number 0404028, Apr.
• George W. Evans & Seppo Honkapohja, 2004, "Friedman’s money supply rule vs optimal interest rate policy," Macroeconomics, University Library of Munich, Germany, number 0405002, May.
• George W. Evans & Seppo Honkapohja, 2004, "Adaptive learning and monetary policy design," Macroeconomics, University Library of Munich, Germany, number 0405008, May.
• Svetlana Boyarchenko & Sergei Levendorskii, 2004, "Inside and Outside Money, with an Application to the Russian Virtual Economy," Macroeconomics, University Library of Munich, Germany, number 0405009, May.
• Maritta Paloviita, 2004, "Inflation dynamics in the euro area and the role of expectations," Macroeconomics, University Library of Munich, Germany, number 0405015, May.
• Daniel Levy & Haipeng Allan Chen & Sourav Ray & Mark Bergen, 2004, "Asymmetric Price Adjustment "in the Small:" An Implication of Rational Inattention," Macroeconomics, University Library of Munich, Germany, number 0407012, Jul, revised 11 May 2005.
• Thomas M Fullerton Jr & Roberto Tinajero, 2004, "Short-Run Price Dynamics in Mexico," Macroeconomics, University Library of Munich, Germany, number 0407027, Jul.
• Thomas M Fullerton Jr, 2004, "Short-Run Price Movements in Ecuador," Macroeconomics, University Library of Munich, Germany, number 0407028, Jul.
• Thomas M Fullerton Jr & Cuauhtemoc Calderon, 2004, "Inflationary Pressure Determinants in Mexico," Macroeconomics, University Library of Munich, Germany, number 0407030, Jul.
• Thomas M Fullerton Jr, 2004, "A Theoretical Model of Developing Country Inflationary Dynamics," Macroeconomics, University Library of Munich, Germany, number 0407031, Jul.
• Martin Sommer, 2004, "Supply Shocks and the Persistence of Inflation," Macroeconomics, University Library of Munich, Germany, number 0408005, Aug.
• Thomas M Fullerton Jr & Eiichi Araki, 2004, "A Theoretical Model of Industrial Economy Inflationary Dynamics," Macroeconomics, University Library of Munich, Germany, number 0408007, Aug.
• Toichiro Asada & Pu Chen & Carl Chiarella & Peter Flaschel, 2004, "Keynesian Dynamics and the Wage Price Spiral. A Baseline Disequilibrium Approach," Macroeconomics, University Library of Munich, Germany, number 0409001, Sep.
• Erdem Basci & Mehmet Fatih Ekinci, 2004, "Bond Premium in Turkey," Macroeconomics, University Library of Munich, Germany, number 0409007, Sep.
• Thomas M Fullerton Jr & Richard A Hirth & Mark B Smith, 2004, "Inflationary Dynamics and the Angell-Johnson Proposals," Macroeconomics, University Library of Munich, Germany, number 0409009, Sep.
• Taiji Harashima, 2004, "The Ultimate Source of Inflation: A Microfoundation of the Fiscal Theory of the Price Level," Macroeconomics, University Library of Munich, Germany, number 0409018, Sep, revised 30 Mar 2005.
• Ernst Fehr & Lorenz Goette, 2004, "Robustness And Real Consequences Of Nominal Wage Rigidity," Macroeconomics, University Library of Munich, Germany, number 0409025, Sep.
• André Kurmann, 2004, "Maximum Likelihood Estimation of Dynamic Stochastic Theories with an Application to New Keynesian Pricing," Macroeconomics, University Library of Munich, Germany, number 0409028, Sep.
• Odile Chagny & Frédéric Reynès & Henri Sterdyniak, 2004, "Le taux de chômage et d'équilibre : Discussion empirique et évaluation empirique," Macroeconomics, University Library of Munich, Germany, number 0411017, Nov, revised 08 Dec 2004.
• Eckhard Hein & Thorsten Schulten & Achim Truger, 2004, "Wage trends and deflation risks in Germany and Europe," Macroeconomics, University Library of Munich, Germany, number 0412008, Dec.
• Eugenio Gaiotti & Alessandro Secchi, 2004, "Is there a cost channel of monetary policy transmission? An investigation into the pricing behavior of 2,000 firms," Macroeconomics, University Library of Munich, Germany, number 0412010, Dec.
• John Geanakoplos, 2004, "The Ideal Inflation Indexed Bond and Irving Fisher's Impatience Theory of Interest in an Overlapping Generations World," Yale School of Management Working Papers, Yale School of Management, number ysm406, Jul.
• Railavo, Jukka, 2004, "Stability consequences of fiscal policy rules," Bank of Finland Research Discussion Papers, Bank of Finland, number 1/2004.
• Kajanoja, Lauri, 2004, "Extracting growth and inflation expectations from financial market data," Bank of Finland Research Discussion Papers, Bank of Finland, number 2/2004.
• Paloviita, Maritta & Mayes, David G., 2004, "The use of real time information in Phillips curve relationships for the euro area," Bank of Finland Research Discussion Papers, Bank of Finland, number 16/2004.
• Railavo, Jukka, 2004, "Monetary consequences of alternative fiscal policy rules," Bank of Finland Research Discussion Papers, Bank of Finland, number 20/2004.
• Paloviita, Maritta, 2004, "Inflation dynamics in the euro area and the role of expectations: further results," Bank of Finland Research Discussion Papers, Bank of Finland, number 21/2004.
• Suvanto, Antti & Hukkinen, Juhana, 2004, "Stable price level and changing prices," Bank of Finland Research Discussion Papers, Bank of Finland, number 28/2004.
• Das, Samarjit & Bhattacharya, Kaushik, 2004, "Price Convergence across Regions in India," Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE), number 1/2005.
• Kurz, Claudia & Hoffmann, Johannes, 2004, "A rental-equivalence index for owner-occupied housing in West Germany 1985 to 1998," Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank, number 2004,08.
• Kamada, Koichiro, 2004, "Real-Time Estimation of the Output Gap in Japan and its Usefulness for Inflation Forecasting and Policymaking," Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank, number 2004,14.
• Paloviita, Maritta & Mayes, David, 2004, "The use of real-time information in Phillips curve relationships for the euro area," Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank, number 2004,28.
• Kremer, Jana, 2004, "Fiscal rules and monetary policy in a dynamic stochastic general equilibrium model," Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank, number 2004,35.
• Neumann, Manfred J. M. & Greiber, Claus, 2004, "Inflation and core money growth in the euro area," Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank, number 2004,36.
• Trenkler, Carsten & Wolf, Nikolaus, 2004, "Economic integration across borders : the Polish interwar economy 1921-1937," Papers, Humboldt University of Berlin, Center for Applied Statistics and Economics (CASE), number 2004,38.
• Michaelis, Jochen & Minich, Heike, 2004, "Inflationsdifferenzen im Euroraum: Eine Bestandsaufnahme," University of Göttingen Working Papers in Economics, University of Goettingen, Department of Economics, number 35.
• Chowdhury, Ibrahim & Hoffmann, Mathias & Schabert, Andreas, 2004, "Inflation dynamics and the cost channel of monetary transmission," CFR Working Papers, University of Cologne, Centre for Financial Research (CFR), number 04-01.
• Adam, Klaus & Billi, Roberto M., 2004, "Optimal monetary policy under commitment with a zero bound on nominal interest rates," CFS Working Paper Series, Center for Financial Studies (CFS), number 2004/13.
• Wieland, Volker & Coenen, Günter, 2004, "Exchange-rate policy and the zero bound on nominal interest," CFS Working Paper Series, Center for Financial Studies (CFS), number 2004/14.
• Billi, Roberto M., 2004, "The optimal inflation buffer with a zero bound on nominal interest rates," CFS Working Paper Series, Center for Financial Studies (CFS), number 2005/17.
• Levy, Daniel & Young, Andrew T., 2004, ""The Real Thing:" Nominal Price Rigidity of the Nickel Coke, 1886-1959," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, volume 36, issue 4 (Specia, pages 765-799.
• Zbaracki, Mark J. & Ritson, Mark & Levy, Daniel & Dutta, Shantanu & Bergen, Mark, 2004, "Managerial and Customer Costs of Price Adjustment: Direct Evidence from Industrial Markets," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, volume 86, issue 2, pages 514-533.
• Nitzan, Jonathan & Bichler, Shimshon, 2004, "New Imperialism or New Capitalism?," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 157822.
• Michaelis, Jochen & Minich, Heike, 2004, "Inflationsdifferenzen im Euro-Raum: Eine Bestandsaufnahme," Volkswirtschaftliche Diskussionsbeiträge, University of Kassel, Faculty of Economics and Management, number 62.
• Truger, Achim & Schulten, Thorsten & Hein, Eckhard, 2004, "Wage trends and deflation risks in Germany and Europe," WSI Working Papers, The Institute of Economic and Social Research (WSI), Hans Böckler Foundation, number 124.
• Heinemann, Friedrich & Ullrich, Katrin, 2004, "The Impact of EMU on Inflation Expectations," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 04-01.
• Laffargue, Jean-Pierre, 2004, "Prices and inflation differentials in the Euro area from 1996 to 2002," CEPREMAP Working Papers (Couverture Orange), CEPREMAP, number 0406.
• Buiter, Willem, 2004, "Helicopter Money: Irredeemable Fiat Money and the Liquidity Trap," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4202, Jan.
• Minford, Patrick & Peel, David, 2004, "Calvo Contracts: A Critique," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4288, Mar.
• Pesenti, Paolo & Bayoumi, Tamim & Laxton, Doug, 2004, "Benefits and Spillovers of Greater Competition in Europe: A Macroeconomic Assessment," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4481, Jul.
• Barsky, Robert & Kilian, Lutz, 2004, "Oil and the Macroeconomy Since the 1970s," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4496, Jul.
• Bekaert, Geert & Ang, Andrew, 2004, "The Term Structure of Real Rates and Expected Inflation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4518, Aug.
• Buiter, Willem & Sibert, Anne, 2004, "Deflationary Bubbles," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4528, Aug.
• Fischer, Andreas, 2004, "Price Clustering in the FX Market: A Disaggregate Analysis Using Central Bank Intervention," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4529, Aug.
• Honohan, Patrick & Lane, Philip, 2004, "Exchange Rates and Inflation Under EMU: An Update," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4583, Aug.
• Adam, Klaus & Billi, Roberto, 2004, "Optimal Monetary Policy Under Discretion with a Zero Bound on Nominal Interest Rates," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4585, Aug.
• Adam, Klaus, 2004, "Optimal Monetary Policy with Imperfect Common Knowledge," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4594, Sep.
• Bayoumi, Tamim & Sgherri, Silvia, 2004, "Deconstructing the Art of Central Banking," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4675, Oct.
• Scott, Andrew & Imbs, Jean & Chen, Natalie, 2004, "Competition, Globalization and the Decline of Inflation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4695, Oct.
• Bayoumi, Tamim & Sgherri, Silvia, 2004, "Monetary Magic? How the Fed Improved the Flexibility of the Economy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4696, Oct.
• Halpern, László & Égert, Balázs & MacDonald, Ronald, 2004, "Equilibrium Exchange Rates in Transition Economies: Taking Stock of the Issues," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4809, Dec.
• Janine Aron & John Muellbauer & Coen Pretorius, 2004, "A Framework for Forecasting the Components of the Consumer Price Index: application to South Africa," CSAE Working Paper Series, Centre for the Study of African Economies, University of Oxford, number 2004-07.
• Janine Aron & John Muellbauer & B. Smit, 2004, "A Structural Model of the Inflation Process in South Africa," CSAE Working Paper Series, Centre for the Study of African Economies, University of Oxford, number 2004-08.
• Janine Aron & John Muellbauer, 2004, "Construction of CPIX Data for Forecasting and Modelling in South Africa," CSAE Working Paper Series, Centre for the Study of African Economies, University of Oxford, number 2004-09.
• Yew-Kwang Ng & Ying Wu, 2004, "Multiple Equilibria and Interfirm Macro-Externality: An Analysis of Sluggish Real Adjustment," Annals of Economics and Finance, Society for AEF, volume 5, issue 1, pages 61-77, May.
• Jiri Slacalek, 2004, "Productivity and the Natural Rate of Unemployment," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 461.
• Vidya Mahambare & Naveen Srinivasan, 2004, "Monetary Policy Framework of the Bank of England and the European Central Bank: Some Useful Insights," Indian Economic Review, Department of Economics, Delhi School of Economics, volume 39, issue 2, pages 371-381, July.
• Drine, I. & Rault, Ch., 2004, "Does the Balassa-Samuelson Hypothesis Hold for Asian Countries?. An Empirical Analysis using Panel Data and Cointegration Tests," Applied Econometrics and International Development, Euro-American Association of Economic Development, volume 4, issue 4.
• Kenny, Geoff & Ahnert, Henning, 2004, "Quality adjustment of European price statistics and the role for hedonics," Occasional Paper Series, European Central Bank, number 15, May.
• Warmedinger, Thomas, 2004, "Import prices and pricing-to-market effects in the euro area," Working Paper Series, European Central Bank, number 299, Jan.
• Ratfai, Attila, 2004, "Inflation and relative price asymmetry," Working Paper Series, European Central Bank, number 301, Jan.
• Trigari, Antonella, 2004, "Equilibrium unemployment, job flows and inflation dynamics," Working Paper Series, European Central Bank, number 304, Feb.
• Morana, Claudio, 2004, "A structural common factor approach to core inflation estimation and forecasting," Working Paper Series, European Central Bank, number 305, Feb.
• Bowdler, Christopher & Jansen, Eilev S., 2004, "A markup model of inflation for the euro area," Working Paper Series, European Central Bank, number 306, Feb.
• Backé, Peter, 2004, "Fiscal policy and inflation volatility," Working Paper Series, European Central Bank, number 317, Mar.
• Jansen, Eilev S., 2004, "Modelling inflation in the euro area," Working Paper Series, European Central Bank, number 322, Mar.
• Christiano, Lawrence & Motto, Roberto & Rostagno, Massimo, 2004, "The Great Depression and the Friedman-Schwartz hypothesis," Working Paper Series, European Central Bank, number 326, Mar.
• Aucremanne, Luc & Dhyne, Emmanuel, 2004, "How frequently do prices change? Evidence based on the micro data underlying the Belgian CPI," Working Paper Series, European Central Bank, number 331, Apr.
• Dias, Mónica & Dias, Daniel & Neves, Pedro, 2004, "Stylised features of price setting behaviour in Portugal: 1992-2001," Working Paper Series, European Central Bank, number 332, Apr.
• Levin, Andrew T. & Piger, Jeremy M., 2004, "Is inflation persistence intrinsic in industrial economies?," Working Paper Series, European Central Bank, number 334, Apr.
• O'Reilly, Gerard & Whelan, Karl, 2004, "Has euro-area inflation persistence changed over time?," Working Paper Series, European Central Bank, number 335, Apr.
• Bayoumi, Tamim & Laxton, Douglas & Pesenti, Paolo, 2004, "Benefits and spillovers of greater competition in Europe: a macroeconomic assessment," Working Paper Series, European Central Bank, number 341, Apr.
• Coenen, Günter & Wieland, Volker, 2004, "Exchange-rate policy and the zero bound on nominal interest rates," Working Paper Series, European Central Bank, number 350, Apr.
• McAdam, Peter & McNelis, Paul, 2004, "Forecasting inflation with thick models and neural networks," Working Paper Series, European Central Bank, number 352, Apr.
• Hondroyiannis, George & Lazaretou, Sophia, 2004, "Inflation persistence during periods of structural change: an assessment using Greek data," Working Paper Series, European Central Bank, number 370, Jun.
• Robalo Marques, Carlos, 2004, "Inflation persistence: facts or artefacts?," Working Paper Series, European Central Bank, number 371, Jun.
• Roma, Moreno & Skudelny, Frauke & Benalal, Nicholai & Diaz del Hoyo, Juan Luis & Landau, Bettina, 2004, "To aggregate or not to aggregate? Euro area inflation forecasting," Working Paper Series, European Central Bank, number 374, Jul.
• Adam, Klaus & Billi, Roberto M., 2004, "Optimal monetary policy under commitment with a zero bound on nominal interest rates," Working Paper Series, European Central Bank, number 377, Jul.
• Adam, Klaus & Billi, Roberto M., 2004, "Optimal monetary policy under discretion with a zero bound on nominal interest rates," Working Paper Series, European Central Bank, number 380, Aug.
• Levin, Andrew T. & Piger, Jeremy M. & Natalucci, Fabio M., 2004, "Explicit inflation objectives and macroeconomic outcomes," Working Paper Series, European Central Bank, number 383, Aug.
• Sevestre, Patrick & Baudry, Laurent & Le Bihan, Hervé & Tarrieu, Sylvie, 2004, "Price rigidity. Evidence from the French CPI micro-data," Working Paper Series, European Central Bank, number 384, Aug.
• Angeloni, Ignazio & Ehrmann, Michael, 2004, "Euro area inflation differentials," Working Paper Series, European Central Bank, number 388, Sep.
• Henry, Jérôme & Hernández de Cos, Pablo & Momigliano, Sandro, 2004, "The short-term impact of government budgets on prices: evidence from macroeconomic models," Working Paper Series, European Central Bank, number 396, Oct.
• Camba-Méndez, Gonzalo & Kapetanios, George, 2004, "Forecasting euro area inflation using dynamic factor measures of underlying inflation," Working Paper Series, European Central Bank, number 402, Nov.
• Bilbiie, Florin O., 2004, "The great inflation, limited asset markets participation and aggregate demand: FED policy was better than you think," Working Paper Series, European Central Bank, number 408, Nov.
• Jonker, Nicole & Folkertsma, Carsten & Blijenberg, Harry, 2004, "An empirical analysis of price setting behaviour in the Netherlands in the period 1998-2003 using micro data," Working Paper Series, European Central Bank, number 413, Nov.
• Gadzinski, Gregory & Orlandi, Fabrice, 2004, "Inflation persistence in the European Union, the euro area, and the United States," Working Paper Series, European Central Bank, number 414, Nov.
• Lünnemann, Patrick & Mathä, Thomas Y., 2004, "How persistent is disaggregate inflation? An analysis across EU 15 countries and HICP sub-indices," Working Paper Series, European Central Bank, number 415, Nov.
• Hernando, Ignacio & Álvarez, Luis J., 2004, "Price setting behaviour in Spain: stylised facts using consumer price micro data," Working Paper Series, European Central Bank, number 416, Nov.
• Whelan, Karl, 2004, "Staggered price contracts and inflation persistence: some general results," Working Paper Series, European Central Bank, number 417, Nov.
• Levin, Andrew T. & Coenen, Günter, 2004, "Identifying the influences of nominal and real rigidities in aggregate price-setting behavior," Working Paper Series, European Central Bank, number 418, Nov.
• Loupias, Claire & Ricart, Roland, 2004, "Price setting in France: new evidence from survey data," Working Paper Series, European Central Bank, number 423, Dec.
• Ibrahim Chowdhury & Mathias Hoffmann & Andreas Schabert, 2004, "Inflation Dynamics And The Cost Channel Of Monetary Transmission," Royal Economic Society Annual Conference 2004, Royal Economic Society, number 80, Sep.
• Wang, Peng-fei & Wen, Yi, 2004, "Endogenous Money or Sticky Price? Comment on Monetary Non-neutrality and Inflation Dynamics," Working Papers, Cornell University, Center for Analytic Economics, number 04-08, May.
• Bajari, Patrick & Benkard, C. Lanier & Krainer, John, 2004, "House Prices and Consumer Welfare," Research Papers, Stanford University, Graduate School of Business, number 1840, Jan.
• Dick van Dijk, 2004, "Forecasting US Inflation Using Model Averaging," Econometric Society 2004 Australasian Meetings, Econometric Society, number 143, Aug.
• Silvia Sgherri & Tamim Bayoumi, 2004, "Monetary Magic? How the Fed Improved the Supply Side of the Economy," Econometric Society 2004 Australasian Meetings, Econometric Society, number 20, Aug.
• Fushang Liu & Kajal Lahiri, 2004, "Determinants of Multi-period Forecast Uncertainty Using a Panel of Density Forecasts," Econometric Society 2004 Australasian Meetings, Econometric Society, number 329, Aug.
• Kenneth Hightower & Taner M. Yigit, 2004, "Effect of Moments on Aggregation and Long Memory in Inflation," Econometric Society 2004 Australasian Meetings, Econometric Society, number 72, Aug.
• Christophe Rault & Imed Drine, 2004, "On the long-run determinants of real exchange rates for developing countries : Evidence from Africa, Latin America and Asia," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 403, Aug.
• Silvia Sgherri & Tamim Bayoumi, 2004, "Monetary Magic? How the Fed Improved the Supply Side of the Economy," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 422, Aug.
• Takayuki Tsuruga, 2004, "Hump-shaped Behavior of Inflation and Dynamic Externality," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 614, Aug.
• Heejoon Kang, 2004, "Inappropriate Detrending and Spurious Cointegration," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 624, Aug.
• G. K. Randolph TAN, 2004, "Long Memory in Import and Export Price Inflation and Persistence of Shocks to the Terms of Trade," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 732, Aug.
• Christiane R. Albuquerque; Marcelo S. Portugal, 2004, "Pass-through from exchange rate to prices in Brazil:an analysis using time-varying parameters for the 1980 – 2002 period," Econometric Society 2004 Latin American Meetings, Econometric Society, number 166, Aug.
• Gonzalo Llosa/Shirley Miller, 2004, "Using additional information in estimating output gap in Peru: a multivariate unobserved component approach," Econometric Society 2004 Latin American Meetings, Econometric Society, number 243, Aug.
• Ugo Panizza & Ana Maria Loboguerrero, 2004, "Inflation and Labor Market Flexibility: The Squeaky Wheel Gets the Grease," Econometric Society 2004 Latin American Meetings, Econometric Society, number 3, Aug.
• Florencia Gabrielli & George McCandless, 2004, "The Intertemporal Relationship between Money and Prices: Evidence for Argentina," Econometric Society 2004 Latin American Meetings, Econometric Society, number 30, Aug.
• Attila Ratfai, 2004, "Inflation And Relative Price Asymmetry," Econometric Society 2004 Latin American Meetings, Econometric Society, number 42, Aug.
• Diego Winkelried & Marco Vega, 2004, "How Does Global Disinflation Drag Inflation in Small Open Economies?," Econometric Society 2004 Latin American Meetings, Econometric Society, number 76, Aug.
• Jose A. Murillo & Sara G. Castellanos, 2004, "Inflation Dynamics’ Micro Foundations: How Important is Imperfect Competition Really?," Econometric Society 2004 Latin American Meetings, Econometric Society, number 78, Aug.
• Eric JONDEAU & Herve LE BIHAN, 2004, "ML vs GMM Estimates of Hybrid Macroeconomic Models (With an Application to the "New Phillips Curve")," Econometric Society 2004 North American Summer Meetings, Econometric Society, number 270, Aug.
• Florian PELGRIN & Alain GUAY & Richard LUGER, 2004, "The New Keynesian Phillips Curve: An empirical assessment," Econometric Society 2004 North American Summer Meetings, Econometric Society, number 418, Aug.
• John Gibson & Steven Stillman, 2004, "CPI Bias and Real Living Standards in Russia During The Transition," Econometric Society 2004 North American Summer Meetings, Econometric Society, number 504, Aug.
• Sergio Santoro, 2004, "Adaptive Learning and Inflation Dynamics in a Flexible Price Model," Econometric Society 2004 North American Summer Meetings, Econometric Society, number 533, Aug.
• Ragnar Nymoen & Gunnar Bardsen & Eilev S. Jansen, 2004, "The empirical relevance of the New Keynesian Phillips curve," Econometric Society 2004 North American Winter Meetings, Econometric Society, number 328, Aug.
• Hyun Song Shin & Jeffery D. Amato, 2004, "Public and Private Information in Monetary Policy Models," Econometric Society 2004 North American Winter Meetings, Econometric Society, number 59, Aug.
• Drew, Aaron & Hall, Viv B. & McDermott, C. John & Clair, Robert St., 2004, "Would adopting the Australian dollar provide superior monetary policy in New Zealand?," Economic Modelling, Elsevier, volume 21, issue 6, pages 949-964, December.
• Kuttner, Kenneth N. & Posen, Adam S., 2004, "The difficulty of discerning what's too tight: Taylor rules and Japanese monetary policy," The North American Journal of Economics and Finance, Elsevier, volume 15, issue 1, pages 53-74, March.
• Castro, Vitor & Veiga, Francisco Jose, 2004, "Political business cycles and inflation stabilization," Economics Letters, Elsevier, volume 83, issue 1, pages 1-6, April.
• Chadha, Jagjit S. & Nolan, Charles, 2004, "Interest rate bounds and fiscal policy," Economics Letters, Elsevier, volume 84, issue 1, pages 9-15, July.
• den Haan, Wouter J. & Sumner, Steven W., 2004, "The comovement between real activity and prices in the G7," European Economic Review, Elsevier, volume 48, issue 6, pages 1333-1347, December.
• Stein, Ernesto H. & Streb, Jorge M., 2004, "Elections and the timing of devaluations," Journal of International Economics, Elsevier, volume 63, issue 1, pages 119-145, May.