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  4. June 2001
  5. Monetary Instability, the Predictability of Prices, and the Allocation of Investment: An Empirical Investigation Using U.K. Panel Data

American Economic Review

ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)

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

  • Paul Beaudry
  • Mustafa Caglayan
  • Fabio Schiantarelli
American Economic Review
vol. 91, no. 3, June 2001
(pp. 648–662)
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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

JEL Classification

  • 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