Book contents
- Frontmatter
- Contents
- Foreword by Robert M. Solow
- Preface
- Introduction
- PART ONE THE HISTORY, THEORY, AND MEASUREMENT OF PRODUCTIVITY GROWTH
- PART TWO INTERPRETING PRODUCTIVITY FLUCTUATIONS OVER THE BUSINESS CYCLE
- PART THREE THE THEORY OF THE INFLATION-UNEMPLOYMENT TRADEOFF
- Part Three Introduction
- 10 Alternative Responses of Policy to External Supply Shocks
- 11 Supply Shocks and Monetary Policy Revisited
- 12 The Theory of Domestic Inflation
- 13 The Phillips Curve Now and Then
- PART FOUR EMPIRICAL STUDIES OF INFLATION DYNAMICS IN THE UNITED STATES
- Subject Index
- Author Index
- References
12 - The Theory of Domestic Inflation
Published online by Cambridge University Press: 10 December 2009
Foreword by
Book contents
- Frontmatter
- Contents
- Foreword by Robert M. Solow
- Preface
- Introduction
- PART ONE THE HISTORY, THEORY, AND MEASUREMENT OF PRODUCTIVITY GROWTH
- PART TWO INTERPRETING PRODUCTIVITY FLUCTUATIONS OVER THE BUSINESS CYCLE
- PART THREE THE THEORY OF THE INFLATION-UNEMPLOYMENT TRADEOFF
- Part Three Introduction
- 10 Alternative Responses of Policy to External Supply Shocks
- 11 Supply Shocks and Monetary Policy Revisited
- 12 The Theory of Domestic Inflation
- 13 The Phillips Curve Now and Then
- PART FOUR EMPIRICAL STUDIES OF INFLATION DYNAMICS IN THE UNITED STATES
- Subject Index
- Author Index
- References
Summary
A summary is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content.
- Type
- Chapter
- Information
- Productivity Growth, Inflation, and UnemploymentThe Collected Essays of Robert J. Gordon, pp. 340 - 348Publisher: Cambridge University PressPrint publication year: 2003
References
. “Implicit Contracts and Underemployment Equilibria.” J. Polit. Econ. December, 1975; vol. 83, pp. 1183–1202CrossRefGoogle Scholar
“Wages and Employment Under Uncertain Demand.” Rev. Econ. Stud. January, 1974; vol. 41, pp. 37–50CrossRefGoogle Scholar
Barro, Robert J. “On Long-Term Contracting and the Phillips Curve.” University of Rochester. Unpublished. December 1975
Barro, Robert J. and Grossman, H. Money, Employment, and Inflation. Cambridge; 1976
Milton Friedman. “What Price Guideposts?” In Shultz, G. P. and Aliber, R. Z., eds. Guidelines: Informal Controls and the Market Place. Chicago; 1966a, pp. 17–39 and 55–61
“A Neo-classical Theory of Keynesian Unemployment.” Econ. Inquiry. December, 1974; vol. 12, pp. 431–59CrossRefGoogle Scholar
“Alternative Responses of Policy to External Supply Shocks.” Brookings Papers. 1975a; vol. 6, pp. 183–206, Chapter 10 in this bookCrossRefGoogle Scholar
“The Effect of Aggregate Demand on Prices.” Brookings Papers. 1975b; vol. 6, pp. 613–62CrossRefGoogle Scholar
“The Demand for and Supply of Inflation.” J. Law Econ. December, 1975c; vol. 18, pp. 807–36CrossRefGoogle Scholar
“Recent Developments in the Theory of Inflation and Unemployment.” J. Mon. Econ., April, 1976; vol. 2, pp. 185–219CrossRefGoogle Scholar
Grossman, Herschel. “Risk Shifting and Reliability in Labor Markets.” Scand. J. Econ. Forthcoming. 1977
. “Wage Indexation: A Macroeconomic Approach.” J. Mon. Econ., April, 1976; vol. 2, pp. 221–36CrossRefGoogle Scholar
“The Rigidity of Wages and the Persistence of Unemployment.” Brookings Papers. 1975; vol. 6, pp. 301–35CrossRefGoogle Scholar
“Expectations and the Neutrality of Money.” J. Econ. Theory, April, 1972; vol. 4, pp. 103–24CrossRefGoogle Scholar
McCallum, Bennet. “Price Level Stickiness and the Feasibility of Monetary Stabilization Policy with Rational Expectations.” J. Polit. Econ. Forthcoming
. “Potential GNP: Its Measurement and Significance.” Proc. Amer. Statist. Assn. 1962; pp. 98–116Google Scholar
“Inflation: Its Mechanics and Welfare Costs.” Brookings Papers. 1975; vol. 6, pp. 351–90CrossRefGoogle Scholar
“Phillips Curves, Expectations of Inflation, and Optimal Unemployment Over Time.” Economica. August, 1967; vol. 34, pp. 254–81CrossRefGoogle Scholar
“The Theoretical Problems of a National Wage-Price Policy.” Can. J. Econ. February, 1948; pp. 46–61Google Scholar
and . “‘Rational’ Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule.” J. Polit. Econ. April, 1975; vol. 83, pp. 241–57CrossRefGoogle Scholar