000263747 001__ 263747
000263747 005__ 20180123011958.0
000263747 037__ $$a2008-2017-4867
000263747 041__ $$aeng
000263747 245__ $$aThe Output-Inflation Tradeoff in the United States: Evidence on the New Classical vs. New Keynesian Debate
000263747 260__ $$c1993
000263747 269__ $$a1993-11-01
000263747 300__ $$a36
000263747 336__ $$aWorking or Discussion Paper
000263747 490__ $$a9315
000263747 520__ $$aThe empirical examination of the output-inflation tradeoff in the United States over a 30 year period reveals that both aggregate uncertainty and average inflation were instrumental in shaping the output-inflation tradeoff. The division of the whole sample period into two distinct sets of subintervals suggests that the New Keynesian view according to which the output-inflation tradeoff is sensitive to changes in average inflation held only unambiguously in the latter part of the respective sample period. The empirical results suggest further that the tradeoff appears to have been sensitive only to changes in aggregate uncertainty in the early part of the sample period, a fact consistent with the New Classical view.
000263747 542__ $$fBy depositing this Content ('Content') in AgEcon Search, I agree that  I am solely responsible for any consequences of uploading this Content to AgEcon Search and making it publicly available, and I represent and warrant that: I am either the sole creator and the owner of the copyrights and all other rights in the Content; or, without obtaining another’s permission, I have the right to deposit the Content in an archive such as AgEcon Search. To the extent that any portions of the Content are not my own creation, they are used with the copyright holder’s express permission or as permitted by law. Additionally, the Content does not infringe the copyrights or other intellectual property rights of another, nor does the Content violate any laws or another’s rights of privacy or publicity. The Content contains no restricted, private, confidential, or otherwise protected data or information that should not be publicly shared. I understand that AgEcon Search will do its best to provide perpetual access to my Content. In order to support these efforts, I grant the Regents of the University of Minnesota ('University'), through AgEcon Search, the following non-exclusive, irrevocable, royalty-free, world-wide rights and licenses: to access, reproduce, distribute and publicly display the Content, in whole or in part, in order to secure, preserve and make it publicly available, and to make derivative works based upon the Content in order to migrate the Content to other media or formats, or to preserve its public access. These terms do not transfer ownership of the copyright(s) in the Content. These terms only grant to the University the limited license outlined above.
000263747 546__ $$aEnglish
000263747 650__ $$aFinancial Economics
000263747 700__ $$aGuender, Alfred V.
000263747 8560_ $$folso6908@umn.edu
000263747 8564_ $$s2975063$$uhttp://ageconsearch.umn.edu/record/263747/files/canterbury-nz-073.pdf
000263747 8564_ $$s4820190$$uhttp://ageconsearch.umn.edu/record/263747/files/canterbury-nz-073.pdf?subformat=pdfa$$xpdfa
000263747 909CO $$ooai:ageconsearch.umn.edu:263747$$pGLOBAL_SET
000263747 980__ $$a2008