Keynesian Dynamics and the Wage-Price Spiral:Estimating a Baseline Disequilibrium Approach



Chiarella, C., Flaschel, P. and R. Franke (2004): .A Modern Approach to Key-
nesian Business Cycle Theory. Qualitative Analysis and Quantitative Assessment
.
Cambridge, UK: Cambridge University Press, to appear.

Flaschel, P. and H.-M.Krolzig (2004): Wage and price Phillips curves. An em-
pirical analysis of destabilizing wage-price spirals. Oxford: Oxford University.
Discussion paper.

Flaschel, P., Kauermann, G. and W. Semmler (2004): Testing wage and price
Phillips curves for the United States. Bielefeld University: Center for Empirical
Macroeconomics, Discussion Paper.

Gali, J. (2000): The return of the Phillips curve and other recent developments in
business cycle theory.
Spanish Economic Review, 2, 1 — 10.

Gali, J., Gertler, M. and J.D. Lopez-Salido (2003): Robustness of the Es-
timates of the Hybrid New Keynesian Phillips Curve. Paper presented at the
CEPR Conference: The Phillips curve revisited. Berlin: June 2003

Groth, C. (1992): Some unfamiliar dynamics of a familiar macromodel. Journal of
Economics, 58, 293 -
305.

Eller, J.W. and R.J. Gordon (2003): Nesting the New Keynesian Phillips Curve
within the Mainstream Model of U.S. Inflation Dynamics. Paper presented at the
CEPR Conference: The Phillips curve revisited. Berlin: June 2003

Mankiw, G. (2001): The inexorable and mysterious tradeoff between inflation and
unemployment.
Economic Journal, 111, 45 - 61.

Rose, H. (1967): On the non-linear theory of the employment cycle. Review of Eco-
nomic Studies
, 34, 153 - 173.

Rudebusch, G.D. and L.E.O. Svensson (1999): Policy rules for inflation targeting.
In: J.B.Talor (ed.):
Monetary Policy Rules. Chicago: Chicago University Press.

Sargent, T. (1987): Macroeconomic Theory. New York: Academic Press.

Tobin, J. (1975): Keynesian models of recession and depression. American Economic
Review,
65, 195 - 202.

Woodford, M. (2003): Interest and Prices. Princeton: Princeton University Press.

Zarnowitz, V. (1999): Theory and History Behind Business Cycles: Are the 1990s
the onset of a Golden Age
? NBER Working paper 7010,
http://www.nber.org/papers/w7010.

28



More intriguing information

1. Backpropagation Artificial Neural Network To Detect Hyperthermic Seizures In Rats
2. Fiscal federalism and Fiscal Autonomy: Lessons for the UK from other Industrialised Countries
3. Towards a framework for critical citizenship education
4. Developmental changes in the theta response system: a single sweep analysis
5. The name is absent
6. The Effects of Reforming the Chinese Dual-Track Price System
7. Pursuit of Competitive Advantages for Entrepreneurship: Development of Enterprise as a Learning Organization. International and Russian Experience
8. A Rare Presentation of Crohn's Disease
9. The Impact of Optimal Tariffs and Taxes on Agglomeration
10. The name is absent
11. Migrating Football Players, Transfer Fees and Migration Controls
12. Migration and Technological Change in Rural Households: Complements or Substitutes?
13. FOREIGN AGRICULTURAL SERVICE PROGRAMS AND FOREIGN RELATIONS
14. The name is absent
15. An Estimated DSGE Model of the Indian Economy.
16. Une Gestion des ressources humaines à l'interface des organisations : vers une GRH territoriale ?
17. Equity Markets and Economic Development: What Do We Know
18. The Impact of Hosting a Major Sport Event on the South African Economy
19. Consumer Networks and Firm Reputation: A First Experimental Investigation
20. Qualifying Recital: Lisa Carol Hardaway, flute