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Monetary Policy Credibility and the Unemployment-Inflation Tradeoff: Some Evidence from Seventeen OECD Countries

Author

Listed:
  • Douglas Laxton
  • Papa N’Diaye

Abstract

No abstract is available for this item.

Suggested Citation

  • Douglas Laxton & Papa N’Diaye, 2002. "Monetary Policy Credibility and the Unemployment-Inflation Tradeoff: Some Evidence from Seventeen OECD Countries," Computing in Economics and Finance 2002 364, Society for Computational Economics.
  • Handle: RePEc:sce:scecf2:364
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    Citations

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    Cited by:

    1. Mr. Albert Jaeger, 2003. "The ECB'S Money Pillar: An Assessment," IMF Working Papers 2003/082, International Monetary Fund.
    2. Christian Dreger & Malte Rieth & David Pothier, 2015. "Is Globalization Reducing the Ability of Central Banks to Control Inflation? In-Depth Analysis," DIW Berlin: Politikberatung kompakt, DIW Berlin, German Institute for Economic Research, volume 106, number pbk106, Enero-Abr.
    3. Ana Beatriz Galvao & Massimiliano Marcellino, 2010. "Endogenous Monetary Policy Regimes and the Great Moderation," Economics Working Papers ECO2010/22, European University Institute.
    4. Bayoumi, Tamim & Laxton, Douglas & Pesenti, Paolo, 2004. "Benefits and spillovers of greater competition in Europe: a macroeconomic assessment," Working Paper Series 341, European Central Bank.
    5. Galvao Ana Beatriz & Marcellino Massimiliano, 2014. "The effects of the monetary policy stance on the transmission mechanism," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 18(3), pages 1-20, May.
    6. Kumhof, Michael & Laxton, Doug & Naknoi, Kanda, 2005. "On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods," Conference papers 331319, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    7. Kevin Clinton & Charles Freedman & Michel Juillard & Mr. Ondrej Kamenik & Mr. Douglas Laxton & Hou Wang, 2015. "Inflation-Forecast Targeting: Applying the Principle of Transparency," IMF Working Papers 2015/132, International Monetary Fund.
    8. Charles Freedman & Mr. Douglas Laxton, 2009. "Why Inflation Targeting?," IMF Working Papers 2009/086, International Monetary Fund.
    9. Viktor Kotlán & David Navrátil, 2003. "Inflation Targeting as a Stabilization Tool: Its Design and Performance in the Czech Republic," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 53(5-6), pages 220-242, May.
    10. René Lalonde, 2005. "Endogenous Central Bank Credibility in a Small Forward-Looking Model of the U.S. Economy," Staff Working Papers 05-16, Bank of Canada.
    11. Kevin Clinton & Mr. R. S Craig & Mr. Douglas Laxton & Hou Wang, 2019. "Strengthening the Monetary Policy Framework in Korea," IMF Working Papers 2019/103, International Monetary Fund.

    More about this item

    Keywords

    Phillips Curve; Unemployment; Monetary Policy; Lucas Critique;
    All these keywords.

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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