Research Catalog

Understanding inflation and the implications for monetary policy : a Phillips curve retrospective / edited by Jeff Fuhrer ... [et al.] ; foreword by Paul A. Samuelson.

Title
Understanding inflation and the implications for monetary policy : a Phillips curve retrospective / edited by Jeff Fuhrer ... [et al.] ; foreword by Paul A. Samuelson.
Publication
Cambridge, MA : MIT Press, c2009.

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Details

Additional Authors
Fuhrer, Jeffrey C.
Description
xiii, 502 p. : ill.; 24 cm.
Subject
  • Inflation (Finance) > Congresses
  • Monetary policy > Congresses
  • Phillips curve > Congresses
  • Unemployment > Mathematical models > Congresses
Note
  • Papers presented at a meeting held in June 2008 and sponsored by the Federal Reserve Bank of Boston.
Bibliography (note)
  • Includes bibliographical references and indexes.
Contents
Foreword / Paul A. Samuelson -- 1. The Phillips Curve in Historical Context / Jeff Fuhrer, Yolanda K. Kodrzycki, Jane Sneddon Little and Giovanni P. Olivei -- 2. Fifty Years of the Phillips Curve: A Dialog on What We Have Learned / Robert M. Solow, John B. Taylor and N. Gregory Mankiw -- 3. Forecasting Inflation -- Phillips Curve Inflation Forecasts / James H. Stock and Mark W. Watson -- Comments / Adrian Rodney Pagan -- Comments / Lucrezia Reichlin -- 4. The Labor Market and the Phillips Curve -- A New Method for Estimating Time Variation in the NAIRU / William T. Dickens -- Comments / Olivier Blanchard -- Comments / Christopher A. Pissarides -- 5. Inflation Expectations -- Inflation Expectations, Uncertainty, the Phillips Curve, and Monetary Policy / Christopher A. Sims -- Comments / Michael T. Kiley -- Comments / Athanasios Orphanides -- 6. Evidence on Price Determination -- Implications of Microeconomic Price Data for Macroeconomic Models / Bartosz Mackowiak and Frank Smets -- Comments / Robert G. King -- Comments / Virgiliu Midrigan -- 7. Is the Phillips Curve Vertical in the Long Run? -- Hysteresis in Unemployment / Laurence Ball -- Comments / V. V. Chair -- Comments / Jordi Galf -- 8. Lessons for Central Bankers: A Panel Discussion -- Israeli Monetary Policy and the Phillips Curve / Stanley Fischer -- Lessons for Central Bankers from a Phillips Curve Framework / Donald L. Kahn -- The Phillips Curve and the European Central Bank / Jurgen Stark -- Monetary Policy at the Riksbank and the Phillips Curve / Lars E. O. Svensson -- 9. The Phillips Curve Going Forward: What We Still Need to Learn -- Outstanding Issues in the Analysis of Inflation / Ben S. Bernanke.
ISBN
  • 9780262013635 (hardcover : alk. paper)
  • 0262013630 (hardcover : alk. paper)
LCCN
2009010490
Owning Institutions
Columbia University Libraries