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[PDF] Policy rules for open economies

[PDF] from nber.org
LM Ball - 1999 - nber.org
... Page 2. 3 Policy Rules for Open Economies Laurence Ball 3.1 Introduction What policy rules
should central banks follow? ... 127 Page 3. 128 Laurence Ball final equation is a relation between
interest rates and exchange rates that cap- tures the behavior of asset markets. ...
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Real rigidities and the non-neutrality of money

[PDF] from northwestern.edu
LM Ball… - 1990 - nber.org
... Laurence Ball David Rower Working Paper No. 2476 ... demand arising front imperfect
information, and efficiency wages. Laurence Ball Department of Economics Graduate School
of Business Administration New York University New York, NY 10006 ...
Cited by 652 - Related articles - Library Search - All 16 versions

The new Keynesian economics and the output-inflation trade-off

[PDF] from ox.ac.uk
L Ball, N Mankiw… - NBER Working Paper No. R1111, 1989 - papers.ssrn.com
Abstract: The purpose of this paper is to provide evidence supporting new Keynesian
theories. We point out a simple prediction of Keynesian models that contradicts other
leading macroeconomic theories and show that it holds in actual economies. In doing so, ...
Cited by 688 - Related articles - All 25 versions

[PDF] Does inflation targeting matter?

[PDF] from nber.org
LM Ball… - 2004 - nber.org
... (Bernanke et al. 1999, 288). 6 Does Inflation Targeting Matter? Laurence Ball and Niamh
Sheridan Laurence Ball is professor of economics at Johns Hopkins University and a research
asso- ciate of the National Bureau of Economic Research (NBER). ...
Cited by 550 - Related articles - View as HTML - Library Search - BL Direct - All 27 versions

[PDF] What determines the sacrifice ratio?

[PDF] from nber.org
L Ball - 1994 - nber.org
Disinflations are a major cause of recessions in modern economies-perhaps the dominant
cause. In the United States, for example, recessions occurred in the early 1970s, mid-l970s,
and early 1980s. Each of these downturns coincided with falling inflation caused by tight ...
Cited by 547 - Related articles - View as HTML - Get it from MIT Libraries - Library Search - BL Direct - All 14 versions

Asymmetric price adjustment and economic fluctuations

L Ball… - 1994 - nber.org
This paper considers a possible explanation for asymmetric adjustment of nominal prices.
We present a menu-cost model in which positive trend inflation causes firms' relative prices
to decline automatically between price adjustments. In this environment, shocks that raise ...
Cited by 528 - Related articles - Library Search - BL Direct - All 11 versions

Efficient rules for monetary policy

[PDF] from pdx.edu
Full text - MIT Libraries
L Ball - International Finance, 1999 - Wiley Online Library
2. Abstract This paper defines an efficient rule for monetary policy as one that minimizes a
weighted sum of output variance and inflation variance. It derives several results about the
efficiency of alternative rules in a simple macroeconomic model. First, efficient rules can ...
Cited by 526 - Related articles - Library Search - BL Direct - All 21 versions

Job switching and job satisfaction in the US labor market

Full text - MIT Libraries
GA Akerlof, AK Rose, JL Yellen, L Ball… - Brookings papers on …, 1988 - JSTOR
SUCCESSFUL MACROECONOMIC THEORIES must explain important empirical
regularities. One indisputable regularity is the highly procyclic nature of quits: many more
people voluntarily leave their jobs when unemployment is low than when it is high. In this ...
Cited by 409 - Related articles - All 8 versions

Relative-price changes as aggregate supply shocks

[PDF] from oxfordjournals.org
Full text - MIT Libraries
L Ball… - The Quarterly Journal of Economics, 1995 - qje.oxfordjournals.org
Abstract This paper proposes a theory of supply shocks, or shifts in the short-run Phillips
curve, based on relative-price changes and frictions in nominal price adjustment. When
price adjustment is costly, firms adjust to large shocks but not to small shocks, and so ...
Cited by 398 - Related articles - Library Search - BL Direct - All 21 versions

The NAIRU in theory and practice

[PDF] from villanova.edu
L Ball… - 2002 - nber.org
This paper discusses the NAIRU--the non-accelerating inflation rate of unemployment. It first
considers the role of the NAIRU concept in business cycle theory, arguing that this concept
is implicit in any model in which monetary policy influences both inflation and ...
Cited by 356 - Related articles - Library Search - BL Direct - All 49 versions

Credible disinflation with staggered price-setting

[PDF] from harvard.edu
Full text - MIT Libraries
L Ball - The American Economic Review, 1994 - JSTOR
Although most macroeconomists agree that disinflations reduce output, there is no
consensus about why. New classical economists argue that credibility problems are central-
that disinflation would be costless if the public believed policy announcements. Many new ...
Cited by 340 - Related articles - BL Direct - All 9 versions

Why does high inflation raise inflation uncertainty?

Full text - MIT Libraries
L Ball - Journal of Monetary Economics, 1992 - Elsevier
Abstract This paper presents a model of monetary policy in which a rise in inflation raises
uncertainty about future inflation. When actual and expected inflation are low, there is a
consensus that the monetary authority will try to keep them low. When inflation is high, ...
Cited by 298 - Related articles - Library Search - All 10 versions

Inflation and uncertainty at short and long horizons

[PDF] from brookings-tsinghua.cn
Full text - MIT Libraries
L Ball, SG Cecchetti… - Brookings Papers on Economic Activity, 1990 - JSTOR
ALTHOUGH MOST ECONOMISTS agree that inflation is costly, there is no consensus about
why. Many traditionally cited costs, such as deadweight loss from the inflation" tax," seem too
small to justify concern about moderate inflation. One approach is to argue that inflation of ...
Cited by 285 - Related articles - All 15 versions

[PDF] Disinflation and the NAIRU

[PDF] from nber.org
LM Ball - 1997 - nber.org
... Chapter pages in book: (p. 167 - 194) Page 2. 4 Disinflation and the NAIRU Laurence
Ball ... Laurence Ball is professor of economics at Johns Hopkins University and a research
associate of the National Bureau of Economic Research. ...
Cited by 273 - Related articles - View as HTML - Library Search - BL Direct - All 17 versions

Aggregate demand and long-run unemployment

[PDF] from uclouvain.be
Full text - MIT Libraries
L Ball, NG Mankiw… - Brookings papers on economic activity, 1999 - JSTOR
WHAT DETERMINES the unemployment rate? In answering this question, mainstream
economics draws a sharp distinction between the short run and the long run. According to
the conventional view, short-run movements in unemployment are strongly influenced by ...
Cited by 272 - Related articles - BL Direct - All 15 versions

Sticky prices as coordination failure

[PDF] from univ-paris1.fr
L Ball… - The American Economic Review, 1991 - JSTOR
This paper links the" coordination failure" and" menu cost" approaches to the microeconomic
foundations of Keynesian macroeconomics. If a firm's desired price is increasing in others'
prices, then the gain from price adjustment after a nominal shock is greater if others adjust. ...
Cited by 234 - Related articles - Get it from MIT Libraries - All 12 versions

Productivity growth and the Phillips curve

[PDF] from jhu.edu
L Ball… - 2001 - nber.org
We present a model in which workers' aspirations for wage increases adjust slowly to shifts
in productivity growth. The model yields a Phillips curve with a new variable: the gap
between productivity growth and an average of past wage growth. Empirically, this ...
Cited by 221 - Related articles - Library Search - All 18 versions

A sticky-price manifesto

[PDF] from cmu.edu
Full text - MIT Libraries
L Ball… - Carnegie-Rochester Conference Series on Public …, 1994 - Elsevier
Abstract Macroeconomists are divided on the best way to explain short-run economic
fluctuations. This paper presents the case for traditional theories based on short-run price
stickiness. It discusses the fundamental basis for believing in this class of macroeconomic ...
Cited by 216 - Related articles - Library Search - BL Direct - All 11 versions

Monetary policy for inattentive economies

[PDF] from hu-berlin.de
L Ball, NG Mankiw… - 2003 - nber.org
This paper is a contribution to the analysis of optimal monetary policy. It begins with a critical
assessment of the existing literature, arguing that most work is based on implausible models
of inflation-output dynamics. It then suggests that this problem may be solved with some ...
Cited by 166 - Related articles - Library Search - BL Direct - All 50 versions

Near-rationality and inflation in two monetary regimes

[PDF] from jhu.edu
L Ball - 2000 - nber.org
Sticky-price models with rational expectations fail to capture the inertia in US inflation.
Models with backward-looking expectations capture current inflation behavior, but are
unlikely to fit other monetary regimes. This paper seeks to overcome these problems with ...
Cited by 150 - Related articles - Library Search - BL Direct - All 35 versions

Has globalization changed inflation?

[PDF] from bcrp.gob.pe
LM Ball - 2006 - nber.org
Page 1. NBER WORKING PAPER SERIES HAS GLOBALIZATION CHANGED
INFLATION? Laurence M. Ball Working Paper 12687 http://www.nber.org/papers/
w12687 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 ...
Cited by 145 - Related articles - Library Search - BL Direct - All 9 versions

Policy rules and external shocks

[PDF] from bcentral.cl
L Ball - 2000 - nber.org
This essay discusses rules for monetary policy in open economies. If policymakers seek to
stabilize output and inflation, optimal rules in open economies differ considerably from
optimal rules in closed economies. In open economies, stability is best achieved by ...
Cited by 146 - Related articles - Library Search - BL Direct - All 29 versions

Are prices too sticky?

[PDF] from oxfordjournals.org
LM Ball… - 1989 - nber.org
... ARE PRICES TOO STICKY? Laurence Ball David Romer ... The externality can be arbitrarily large
relative to the private costs of rigidity. Laurence Ball Department of Economics Graduate School
of Business Administration New York University New York, NY 10006 ...
Cited by 138 - Related articles - All 12 versions

Another look at long-run money demand

[PDF] from psu.edu
Full text - MIT Libraries
L Ball - Journal of Monetary Economics, 2001 - Elsevier
This paper investigates the long-run demand for M1 in the postwar United States. Previous
studies, based on data ending in the late 1980s, are inconclusive about the parameters of
postwar money demand. This paper obtains precise estimates of these parameters by ...
Cited by 136 - Related articles - All 13 versions

What do budget deficits do?

[PDF] from kcfed.org
L Ball… - 1996 - nber.org
This paper discusses the effects of budget deficits on the economy in four steps. First, it
reviews standard theory about how budget deficits influence saving, investment, the trade
balance, interest rates, exchange rates, and long-term growth. Second, it offers a rough ...
Cited by 139 - Related articles - Library Search - BL Direct - All 40 versions

Disinflation with imperfect credibility

Full text - MIT Libraries
L Ball - Journal of Monetary Economics, 1995 - Elsevier
This paper presents a theory of the real effects of disinflation. As in New Keynesian models,
price adjustment iis staggered across firms. As in New Classical models, credibility is
imperfect: the monetary authority may not complete a promised disinflation. The ...
Cited by 122 - Related articles - Library Search - All 11 versions

The equilibrium and optimal timing of price changes

LM Ball… - 1989 - nber.org
... THE EQUILIBRIUM AND OPTIMAL TIMING OF PRICE CHANGES Laurence Ball David Romer
Working Paper No. ... with synchronized price-setting. Laurence Ball Department of Economics
Graduate School of Business Administration New York University New York, NY 10006 ...
Cited by 104 - Related articles - Library Search - All 12 versions

Imperfect information and staggered price setting

LM Ball… - 1987 - nber.org
... IMPERFECT INFORMATION AND STAGGERED PRICE SETTINGS Laurence Ball Stephen G.
Cecchetti ... socially optimal even thougi it increases aggregate fluctuations. Laurence Ball Graduate
School of Business New York University New York, New York 10006 ...
Cited by 101 - Related articles - Library Search - All 14 versions

The deficit gamble

L Ball, DW Elmendorf… - 1995 - nber.org
The historical behavior of interest rates and growth rates in US data suggests that the
government can, with a high probability, run temporary budget deficits and then roll over the
resulting government debt forever. The purpose of this paper is to document this finding ...
Cited by 74 - Related articles - Library Search - BL Direct - All 15 versions

Externalities from contract length

L Ball - The American Economic Review, 1987 - JSTOR
An increase in the length of a firm's labor contract contributes to rigidity in the aggregate
price level. This increases the variance of aggregate demand but decreases the variance of
other firms' real wages. Under certain conditions, the net effect is to increase the variance ...
Cited by 68 - Related articles - Get it from MIT Libraries - All 5 versions

The Fed and the new economy

[PDF] from hkimr.org
L Ball… - 2002 - nber.org
This paper seeks to understand the behavior of Greenspan's Federal Reserve in the late
1990s. Some authors suggest that the Fed followed a simple'Taylor rule,'while others argue
that it deviated from such a rule because it recognized that the'New Economy'permitted an ...
Cited by 65 - Related articles - BL Direct - All 21 versions

Is equilibrium indexation efficient?

[PDF] from oxfordjournals.org
Full text - MIT Libraries
L Ball - The Quarterly Journal of Economics, 1988 - qje.oxfordjournals.org
Abstract This paper investigates the welfare properties of equilibrium indexation in a
decentralized economy. If indexation is costless, so all firms index, then the equilibrium
degree of indexation is efficient. But if indexation is costly and this leads some firms not to ...
Cited by 63 - Related articles - All 6 versions

Intergenerational risk sharing in the spirit of Arrow, Debreu, and Rawls, with applications to social security design

[PDF] from harvard.edu
L Ball… - 2001 - nber.org
This paper examines the optimal allocation of risk in an overlapping-generations economy. It
compares the allocation of risk the economy reaches naturally to the allocation that would be
reached if generations behind a Rawlsian'veil of ignorance'could share risk with one ...
Cited by 62 - Related articles - Library Search - BL Direct - All 32 versions

Time-consistent policy and persistent changes in inflation

Full text - MIT Libraries
L Ball - Journal of Monetary Economics, 1995 - Elsevier
This paper presents a model of dynamically consistent monetary policy that explains
changes in inflation over time. In the model—as in the postwar United States—adverse
supply shocks trigger increases in inflation. High inflation persists until a tough ...
Cited by 59 - Related articles - All 8 versions

Intertemporal substitution and constraints on labor supply: Evidence from panel data

Full text - MIT Libraries
L Ball - Economic Inquiry, 1990 - Wiley Online Library
This paper tests an intertemporal labor supply model for workers who say they face quantity
constraints on their hours and for workers who say they do not. The data reject the model for
the first group but not for the second. I conclude from this evidence that employment ...
Cited by 55 - Related articles - All 10 versions

Wage indexation and discretionary monetary policy

Full text - MIT Libraries
L Ball… - The American Economic Review, 1991 - JSTOR
Since the early 1970's, both academic researchers and policymakers have devoted
considerable attention to the macroeconomic effects of wage indexation. However, these
two groups have focused on different effects. Starting with Jo Anna Gray (1976) and ...
Cited by 53 - Related articles - All 7 versions

Expectations and the effects of monetary policy

L Ball… - 1995 - nber.org
This paper examines the predictive power of shifts in monetary policy, as measured by
changes in the federal funds rate, for output, inflation, and survey expectations of these
variables. We find that policy shifts have larger effects on actual output than on expected ...
Cited by 43 - Related articles - Library Search - BL Direct - All 14 versions

[CITATION] A proposal for the next macroeconomic reform

LM Ball… - 1996 - Victoria University of Wellington …
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Hysteresis in unemployment: old and new evidence

[PDF] from jhu.edu
LM Ball - 2009 - nber.org
Page 1. NBER WORKING PAPER SERIES HYSTERESIS IN UNEMPLOYMENT:
OLD AND NEW EVIDENCE Laurence M. Ball Working Paper 14818 http://www.nber.
org/papers/w14818 NATIONAL BUREAU OF ECONOMIC ...
Cited by 40 - Related articles - Library Search - All 19 versions

Another look at long-run money demand

L Ball - 1998 - nber.org
This paper investigates the long-run demand for M1 in the postwar United States. Previous
studies, based on data ending in the late 1980's, are inconclusive about the parameters of
postwar money demand. This paper obtains precise estimates of these parameters by ...
Cited by 37 - Related articles - Library Search - BL Direct - All 6 versions

Inflation and the Informativeness of Prices

L Ball… - 1993 - nber.org
This paper studies the welfare effects of the relative price variability arising from inflation.
When agents interact in anonymous markets, with customers buying from new suppliers
each period, relative price variability benefits customers and cannot harm suppliers ...
Cited by 35 - Related articles - Library Search - BL Direct - All 5 versions

Inflation and the Informativeness of Prices

[PDF] from berkeley.edu
L Ball… - Journal of Money, Credit and Banking, 2003 - JSTOR
This paper studies the welfare effects of the relative-price variability arising from inflation. If
customers and suppliers form long-term relationships, prices have an informational role: a
potential customer uses current prices as signals of future prices. Inflation reduces the ...
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Credible disinflation with staggered price setting

L Ball - 1990 - nber.org
This paper determines the real effects of credible disinflation when price setting is
staggered. The results are surprising: a fairly quick disinflation causes a boom. This finding
suggests that nominal price rigidity alone does not explain why disinflation is costly in ...
Cited by 31 - Related articles - Library Search - All 6 versions

Expectations and the effects of monetary policy

L Ball… - Journal of Money, Credit and Banking, 2003 - JSTOR
This paper examines the predictive power of shifts in monetary policy, as measured by
changes in the real federal funds rate, for output, inflation, and survey expectations of these
variables. We find that policy shifts have larger effects on actual output than on expected ...
Cited by 30 - Related articles - Get it from MIT Libraries - BL Direct - All 7 versions

Short-run money demand

[PDF] from jhu.edu
L Ball - 2002 - nber.org
The paper estimates a long-run demand function for M1, using US data for 1959-1993. This
paper interprets deviations from this long-run relation with Goldfeld's partial adjustment
model. A key innovation is the choice of the interest rate in the money demand function. ...
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Interpreting the correlation between inflation and the skewness of relative prices: a comment on Bryan and Cecchetti

[PDF] from harvard.edu
Full text - MIT Libraries
L Ball… - Review of Economics and Statistics, 1999 - MIT Press
ALARGE literature in macroeconomics has examined how the inflation rate is related to the
distribution of relative-price changes. This work has established a striking fact: there is a
strong correlation between inflation and the skewness of this distribution. When inflation is ...
Cited by 23 - Related articles - All 10 versions

[PDF] How costly is disinflation? The historical evidence

[PDF] from frb.org
L Ball - Business Review, 1993 - phil.frb.org
JL\-central goal of monetary authorities such as the Federal Reserve is to reduce inflation
and ultimately to achieve stable prices in the belief that doing so will contribute to higher
long-run growth. The Fed and central banks in other countries can reduce inflation by ...
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The genesis of inflation and the costs of disinflation

L Ball - 1991 - nber.org
This essay asks how high inflation arises and why it is costly to eliminate. Specifically, the
paper discusses the roles of price rigidity and credibility problems in explaining the costs of
disinflation; the puzzle of persistent inflation triggered by onetime macroeconomic shocks; ...
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Sticky prices as coordination failure

LM Ball… - 1987 - nber.org
Page 1. NBER WORKING PAPER SERIES STICKY PRICES AS COORDINATION
FAILURE Laurence Ball David Romer Working Paper No. 2327 NATIONAL BUREAU
OF ECONOMIC RESEARCH 1050 Massachusetts Avenue ...
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[CITATION] Efficient Monetary Policy Rules

L Ball - NBER working paper, 1997
Cited by 15 - Related articles

[CITATION] Insiders and outsiders: A review essay

Full text - MIT Libraries
L Ball - Journal of Monetary Economics, 1990 - econpapers.repec.org
... EconPapers has moved to http://EconPapers.repec.org! Please update your bookmarks. Insiders
and outsiders: A review essay. Laurence Ball (). Journal of Monetary Economics, 1990, vol. 26,
issue 3, pages 459-469. Date: 1990 Track citations by RSS feed. ...
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Time-consistent policy and persistent changes in inflation

LM Ball - 1990 - nber.org
Page 1. NBER WORKING PAPERS SERIES TIME-CONSISTENT POLICY AND
PERSISTENT CHANGES IN INFLATION Laurence Ball Working Paper No. ... Laurence
Ball NBER 1050 Massachusetts Avenue Cambridge, MA 0213 8 Page 3. ...
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The performance of alternative monetary regimes

[PDF] from jhu.edu
LM Ball - 2010 - nber.org
Page 1. NBER WORKING PAPER SERIES THE PERFORMANCE OF ALTERNATIVE
MONETARY REGIMES Laurence M. Ball Working Paper 16124 http://www.nber.
org/papers/w16124 NATIONAL BUREAU OF ECONOMIC ...
Cited by 14 - Related articles - Library Search - All 15 versions

[PDF] What causes inflation?

[PDF] from philadelphiafed.org
L Ball - Business Review, 1993 - philadelphiafed.org
i inflation is universally unpopular; everyone from ordinary consumers to top government
officials bemoans the perpetual process of rising prices. Frequently, discussions of inflation
have an air of resignation. Inflation is like bad weather: we can complain about it, but it ...
Cited by 14 - Related articles - Get it from MIT Libraries - All 9 versions

[BOOK] Money, banking, and financial markets

LM Ball - 2008 - books.google.com
... worthpublishers.com Page 9. Laurence Ball is Professor of Economics at Johns Hopkins
University. He holds a Ph.D. in economics from the Massachusetts Institute of Technology
and a BA in econom- ics from Amherst College. Professor ...
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3 Policy Rules for Open Economies

L Ball - This Page Intentionally Left Blank, 2001 - books.google.com
What policy rules should central banks follow? A growing number of economists and
policymakers advocate targets for the level of inflation. Many also argue that inflation
targeting should be implemented through a" Taylor rule" in which interest rates are ...
Cited by 10 - Related articles - All 2 versions

[CITATION] Monetary policy rules for open economies

L Ball - NBER Working Paper, 1998
Cited by 10 - Related articles

[PDF] Fiscal remedies for Japan's slump

[PDF] from nber.org
LM Ball - 2006 - nber.org
... Monetization of the debt 279 7 Fiscal Remedies for Japan's Slump Laurence Ball
Laurence Ball is a professor of economics at Johns Hopkins University, and a research
as- sociate of the National Bureau of Economic Research. Page 3. ...
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[CITATION] Productivity Growth and the Philips Curve

L Ball… - NBER WORKING PAPER …, 2001 - NATIONAL BUREAU OF …
Cited by 8 - Related articles - BL Direct

[BOOK] Helicopter Drops and Japan's Liquidity Trap

[PDF] from socionet.ru
LM Ball - 2008 - msk.socionet.ru
... and Japan's Liquidity Trap Laurence Ball This paper examines the effects of a money-financed
fiscal expansion— a helicopter drop—when an economy is in a liquidity trap. It uses a
textbook-style model calibrated to fit Japan's economic slump and de- flation as of 2003. ...
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Policy responses to exchange-rate movements

[PDF] from bcrp.gob.pe
LM Ball - 2009 - nber.org
Page 1. NBER WORKING PAPER SERIES POLICY RESPONSES TO EXCHANGE-
RATE MOVEMENTS Laurence M. Ball Working Paper 15173 http://www.nber.org/papers/
w15173 NATIONAL BUREAU OF ECONOMIC RESEARCH ...
Cited by 6 - Related articles - Library Search - All 14 versions

[CITATION] What do Deficits do

L Ball… - Proceedings of the Federal Reserve, 1995
Cited by 6 - Related articles

[CITATION] Monetary Policy

L Ball, NG Mankiw… - Monetary Policy, 1994 - The University of Chicago Press …
Cited by 6 - Related articles - Get it from MIT Libraries

Unemployment in Latin America and the Caribbean

[PDF] from newschool.edu
LM Ball, N De Roux… - 2011 - nber.org
Page 1. NBER WORKING PAPER SERIES UNEMPLOYMENT IN LATIN AMERICA
AND THE CARIBBEAN Laurence M. Ball Nicolás De Roux Marc Hofstetter Working
Paper 17274 http://www.nber.org/papers/w17274 NATIONAL ...
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Inflation dynamics and the Great Recession

[PDF] from jhu.edu
LM Ball… - 2011 - nber.org
Page 1. NBER WORKING PAPER SERIES INFLATION DYNAMICS AND THE GREAT
RECESSION Laurence M. Ball Sandeep Mazumder Working Paper 17044
http://www.nber.org/papers/w17044 NATIONAL BUREAU OF ...
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Wage Indexation and Time-Consistent Monetary Policy

L Ball… - 1989 - nber.org
This paper investigates the effects of wage indexation on the time-consistent level of
inflation. Departing from previous work on time-consistent policy, we study a structural model
of the economy. Indexation reduces the cost of inflation, which is inflationary, and ...
Cited by 5 - Related articles - Library Search - All 8 versions

[CITATION] Disinflation with imperfect credibility

L Ball - Journal of Monetary, 1995
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[CITATION] Relative-Price Change as Aggregate Supply Shocks

L Ball… - Harvard Institute of Economic Research …, 1992 - econpapers.repec.org
Related works: Working Paper: Relative-Price Changes as Aggregate Supply Shocks (1995)
Working Paper: Relative-price changes as aggregate supply shocks (1993) Journal Article:
Relative-Price Changes as Aggregate Supply Shocks (1995) This item may be available ...
Cited by 5 - Related articles - Cached - All 4 versions

[CITATION] GREGORY NMankiw, AND RICARDO REIS (2005), Monetary Policy for Inattentive Economies

L Ball - Journal of Monetary Economics
Cited by 5 - Related articles - Get it from MIT Libraries

[CITATION] Policy rules for open economies

B Laurence - NBER working paper, 1998
Cited by 4 - Related articles

[CITATION] oInflation and Uncertainty at Long and SHort Horizons

L Ball… - pBrookings Papers on Economic Activity, 1990
Cited by 4 - Related articles

[CITATION] Efficient Rules for Monetary Policy

B Laurence - John Hopkins University, 1997
Cited by 3 - Related articles

[CITATION] Monetary Policy for Inattentive Economies

G Mankiw, L Ball… - Journal of Monetary Economics, forthcoming, 2004
Cited by 3 - Related articles

[CITATION] VNear% Rationality and Inflation in Two Monetary Regimes

B Laurence - NBER Working Paper, 2000
Cited by 3 - Related articles

[CITATION] What do Budget Deficits Do

B Laurence… - Harward Institute of Economic Research Working …, 1995
Cited by 3 - Related articles

[CITATION] Monetary policy rules in practice

Full text - MIT Libraries
L Ball… - American economic association papers and …, 2002
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[CITATION] Commentary on" the monetary policy debate since October 1979: lessons for theory and practice"

L Ball - Review, 2005 - econpapers.repec.org
... Please update your bookmarks. Commentary on "the monetary policy debate since October
1979: lessons for theory and practice". Laurence Ball (). Review, 2005, issue Mar, pages
263-268. Date: 2005 View list of references Track citations by RSS feed. ...
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[CITATION] BOOK REVIEWS-Asking about Prices: A New Approach to Understanding Price Stickiness

Full text - MIT Libraries
AS Blinder… - Journal of Economic …, 1999 - Nashville [etc.]: American Economic …
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[CITATION] Monetary policy rules in an open economy

L Ball - Monetary Policy Rules, University of Chicago Press, …, 1999
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[CITATION] ÅAnother Look at LongMRun Money Demand

L Ball - 1998 - G NBER Working Paper
Cited by 2 - Related articles

[CITATION] Policy rules for Open Economies in TAYLOR, John B. Mon! etary Policy rules

L BALL - 1999 - … The University of Chicago Press and …
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[CITATION] lWhat determines the sacrifice ratio? mIn Mankiw, NG ed. Mone tary Policy, pp. 155&182

L Ball - 1994 - University of Chicago Press, …
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[CITATION] Policy Analysis with Economic Models

Full text - MIT Libraries
L Ball, NG Mankiw… - Brookings Papers on Economic Activity, 1988
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[CITATION] Inflation and Uncertainty at Long and Short Horizons

L Ball… - Broolcings Papers on Economic Activity
Cited by 2 - Related articles

Externalities from Labor Mobility

L Ball - 1991 - nber.org
This paper assumes that workers can move from a market with high unemployment to one
with low unemployment at a cost. In principle. equilibrium mobility can be greater or less
than the social optimum. For most plausible parameter values. however. mobility is too low ...
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[CITATION] RAre Prices Too Sticky?"

Full text - MIT Libraries
L Ball… - Quarterly Journal of Economics, 1989
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[CITATION] 0Productivity Growth and the Phillips Curve, 1 in AB Krueger and R

L Ball… - The Roaring Nineties: Can Full Employment be …, 2001
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