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American Economic Review: Vol. 91 No. 3 (June 2001)

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Monetary Instability, the Predictability of Prices, and the Allocation of Investment: An Empirical Investigation Using U.K. Panel Data

Article Citation

Beaudry, Paul, Mustafa Caglayan, and Fabio Schiantarelli. 2001. "Monetary Instability, the Predictability of Prices, and the Allocation of Investment: An Empirical Investigation Using U.K. Panel Data." American Economic Review, 91(3): 648-662.

DOI: 10.1257/aer.91.3.648

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Authors

Beaudry, Paul (U British Columbia, Canadian Inst for Advanced Research, and NBER)
Caglayan, Mustafa (U Liverpool)
Schiantarelli, Fabio (Boston College)

JEL Classifications

L11: Production, Pricing, and Market Structure; Size Distribution of Firms
E22: Capital; Investment; Capacity
E31: Price Level; Inflation; Deflation
E52: Monetary Policy
L16: Industrial Organization and Macroeconomics: Industrial Structure and Structural Change; Industrial Price Indices


American Economic Review


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