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pro vyhledávání: '"Jeremy B. Rudd"'
Autor:
Jeremy B. Rudd
Publikováno v:
Revista de Economía Institucional, Vol 24, Iss 47 (2022)
Los economistas y los diseñadores de política económica creen que las expectativas de los hogares y las empresas acerca de la inflación futura son un factor determinante de la inflación real. Un examen de la literatura teórica y empírica perti
Externí odkaz:
https://doaj.org/article/f9b5a4512bbb46909258fc33ce0fbe9c
Autor:
Jeremy B. Rudd
Publikováno v:
Finance and Economics Discussion Series. 2022:1-32
Recently, the experience of the 1960s—when the U.S. inflation rate rose rapidly and persistently over a comparatively short period—has been invoked as a cautionary tale for the present. An analysis of this period indicates that the inflation regi
Autor:
Jeremy B. Rudd
Publikováno v:
Review of Keynesian Economics. 10:25-45
Economists and economic policymakers believe that households’ and firms’ expectations of future inflation are a key determinant of actual inflation. A review of the relevant theoretical and empirical literature suggests that this belief rests on
Autor:
Jeremy B. Rudd
Publikováno v:
FEDS Notes.
Underlying inflation is the rate of inflation that would be expected to eventually prevail in the absence of economic slack, supply shocks, idiosyncratic relative price changes, or other disturbances. Underlying inflation is a useful benchmark for mo
Autor:
Rochelle M. Edge, Jeremy B. Rudd
Publikováno v:
Journal of Monetary Economics. 54:2554-2567
A nominal tax system is added to a sticky-price monetary business cycle model. When nominal interest income is taxed, the coefficient on inflation in a Taylor-type monetary policy rule must be significantly larger than one in order for the model econ
Autor:
Ekaterina V. Peneva, Jeremy B. Rudd
We use a time-varying parameter/stochastic volatility VAR framework to assess how the pass through of labor costs to price inflation has evolved over time in U.S. data. We find little evidence that changes in labor costs have had a material effect on
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::31f2e1951a4d0171130e5a6d6b5f0b19
Autor:
Ekaterina Peneva, Jeremy B. Rudd
Publikováno v:
SSRN Electronic Journal.
Autor:
Jeremy B. Rudd, Karl Whelan
Publikováno v:
Journal of Money, Credit, and Banking. 37:297-312
A number of researchers have recently argued that the new-Keynesian Phillips curve matches the empirical behavior of inflation well when the labor income share is used as a driving variable, but fits poorly when deterministically detrended output is
Autor:
Jeremy B. Rudd, Rochelle M. Edge
Publikováno v:
Finance and Economics Discussion Series. 2005:1-48
This paper uses a dynamic general-equilibrium model with a nominal tax system to consider the effects of temporary partial expensing allowances on investment and other macroeconomic aggregates.
Autor:
David E Lebow, Jeremy B Rudd
Publikováno v:
Journal of Economic Literature. 41(1):159-201
We survey the evidence bearing on measurement error in the CPI and provide our best estimate of the magnitude of CPI bias. We also identify a "weighting" bias in the CPI that has not been previously discussed in the literature. In total, we estimate