Understanding UK Inflation: The Role of Openness
Preprint
- 1 January 2003
- preprint
- Published by Elsevier in SSRN Electronic Journal
Abstract
In this paper, inflation dynamics in the United Kingdom are re-examined. Standard specifications of traditional Phillips curves have tended to overpredict inflaKeywords
All Related Versions
This publication has 30 references indexed in Scilit:
- Explaining Movements in the Labor ShareContributions in Macroeconomics, 2003
- Optimal monetary policy responses to relative-price changesJournal of Monetary Economics, 2001
- Optimal monetary policy with staggered wage and price contractsJournal of Monetary Economics, 2000
- Imperfect Competition and the Dynamics of Mark-upsSSRN Electronic Journal, 2000
- What's Happened to the Phillips Curve?SSRN Electronic Journal, 1999
- State-Dependent Pricing and the General Equilibrium Dynamics of Money and OutputThe Quarterly Journal of Economics, 1999
- Sticky price and limited participation models of money: A comparisonEuropean Economic Review, 1997
- Returns to Scale in U.S. Production: Estimates and ImplicationsJournal of Political Economy, 1997
- The Cleansing Effect of RecessionsPublished by National Bureau of Economic Research ,1991
- Staggered prices in a utility-maximizing frameworkJournal of Monetary Economics, 1983