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Laboratory Experiments with an Expectational Phillips Curve
12 references·9 citing·45 second hop
Laboratory Experiments with an Expectational Phillips Curve (2003)Laboratory Experiments with an Expectatio…Escaping Nash Inflation (2002)Escaping Nash InflationThe Conquest of American Inflation (1999)The Conquest of American Infl…Inflation, Unemployment, and Monetary Policy (1998)Inflation, Unemployment, and …Central Banking in Theory and Practice (1998)Central Banking in Theory and…Two Fallacies Concerning Central Bank Independence (1995)Two Fallacies Concerning Cent…Self-Confirming Equilibrium (1993)Self-Confirming EquilibriumMoney as a medium of exchange in an economy with artificially intelligent agents (1990)Money as a medium of exchange…A Positive Theory of Monetary Policy in a Natural-Rate Model (1981)A Positive Theory of Monetary…Game-theoretic models and the role of information in bargaining. (1979)Game-theoretic models and the…Rules Rather than Discretion: The Inconsistency of Optimal Plans (1977)Rules Rather than Discretion:…Phillips Curves, Expectations of Inflation and Optimal Unemployment over Time (1967)Phillips Curves, Expectations…The Estimation of Distributed Lags (1958)The Estimation of Distributed…THE FRIEDMAN RULE: EXPERIMENTAL EVIDENCE (2021)THE FRIEDMAN RULE: EXPERIMENT…Central bank reputation, cheap talk and transparency as substitutes for commitment: Experimental evidence (2020)Central bank reputation, chea…Trust in the monetary authority (2018)Trust in the monetary authori…On the External Validity of Experimental Inflation Forecasts: A Comparison with Five Categories of Field Expectations (2018)On the External Validity of E…Uncertainty in forecasting inflation and monetary policy design: Evidence from the laboratory (2016)Uncertainty in forecasting in…Monetary Policy Under Behavioral Expectations: Theory and Experiment (2015)Monetary Policy Under Behavio…Experiments on Monetary Policy and Central Banking (2014)Experiments on Monetary Polic…Inflation Expectations and Monetary Policy Design: Evidence from the Laboratory (2011)Inflation Expectations and Mo…An experimental test of Taylor-type rules with inexperienced central bankers (2010)An experimental test of Taylo…Econometric policy evaluation: A critique (1976)Rules, discretion and reputation in a model of monetary policy (1983)The Optimal Degree of Commitment to an Intermediate Monetary Target (1985)Policy Rules for Inflation Targeting (1998)Optimal Monetary Policy Inertia (1999)What Is Wrong with Taylor Rules? Using Judgment in Monetary Policy through Targeting Rules (2003)The Role of Monetary Policy (1995)The quest for prosperity without inflation (2003)Expectations, learning and macroeconomic persistence (2007)Inflation-Gap Persistence in the US (2009)The Bargaining Problem (1950)Two-Person Cooperative Games (1953)Social perception in negotiation (1990)The Stag Hunt and the Evolution of Social Structure (2003)Elicitation using multiple price list formats (2006)Theory of games and economic behavior (2019)Convergence of least squares learning mechanisms in self-referential linear stochastic models (1989)On Money as a Medium of Exchange (1989)Evolutionary game theory (1994)The Evolution of Strategies in the Iterated Prisoner's Dilemma (2001)Agent-based models of financial markets (2007)Agent-Based Modeling in Economics and Finance: Past, Present, and Future (2025)Rational Expectations and the Theory of Price Movements (1961)Rational Expectations, the Real Rate of Interest, and the Natural Rate of Unemployment (1973)Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies (1991)Decision Making in Political Systems: Veto Players in Presidentialism, Parliamentarism, Multicameralism and Multipartyism (1995)Veto Players. How Political Institutions Work (2003)Subjectivity and correlation in randomized strategies (1974)Reexamination of the perfectness concept for equilibrium points in extensive games (1975)Correlated Equilibrium as an Expression of Bayesian Rationality (1987)The Common Prior Assumption in Economic Theory (1995)Strong Belief and Forward Induction Reasoning (2002)Slow to Anger and Fast to Forgive: Cooperation in an Uncertain World (2012)Some International Evidence on Output-Inflation Tradeoffs. (1973)"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)The Science of Monetary Policy: A New Keynesian Perspective (1999)Declarations Are Not Enough: Financial Sector Sources of Central Bank Independence (1995)T HEORIES OF D ELEGATION (2001)Tied to the mast? National fiscal rules in the European Union (2008)Looking into the Black Box: A Survey of the Matching FunctionLong-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule (1977)Employment Fluctuations with Equilibrium Wage Stickiness (2005)Evolution and Intelligent Design (2008)Learning and Macroeconomics (2009)Learning about Risk and Return: A Simple Model of Bubbles and Crashes (2011)
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References

  • 1977Rules Rather than Discretion: The Inconsistency of Optimal Plans7,896 cited
  • 1981A Positive Theory of Monetary Policy in a Natural-Rate Model2,177 cited
  • 1967Phillips Curves, Expectations of Inflation and Optimal Unemployment over Time1,654 cited
  • 1998Central Banking in Theory and Practice984 cited
  • 1999The Conquest of American Inflation653 cited
  • 1979Game-theoretic models and the role of information in bargaining.550 cited
  • 1993Self-Confirming Equilibrium523 cited
  • 1995Two Fallacies Concerning Central Bank Independence408 cited
  • 1990Money as a medium of exchange in an economy with artificially intelligent agents343 cited
  • 2002Escaping Nash Inflation210 cited
  • 1958The Estimation of Distributed Lags184 cited
  • 1998Inflation, Unemployment, and Monetary Policy83 cited

Cited by

  • 2015Monetary Policy Under Behavioral Expectations: Theory and Experiment39 cited
  • 2016Uncertainty in forecasting inflation and monetary policy design: Evidence from the laboratory32 cited
  • 2014Experiments on Monetary Policy and Central Banking29 cited

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2010
An experimental test of Taylor-type rules with inexperienced central bankers
29 cited
  • 2018Trust in the monetary authority28 cited
  • 2011Inflation Expectations and Monetary Policy Design: Evidence from the Laboratory23 cited
  • 2018On the External Validity of Experimental Inflation Forecasts: A Comparison with Five Categories of Field Expectations21 cited
  • 2020Central bank reputation, cheap talk and transparency as substitutes for commitment: Experimental evidence18 cited
  • 2021THE FRIEDMAN RULE: EXPERIMENTAL EVIDENCE15 cited