Inflation Research

Inflation Research, Microeconomic Analysis

*Chicago Fed Letter* Economy on cruise control through 2007 (Special Issue) Emily Engel William A. Strauss Aug 2006 Thirteenth Annual Automotive Outlook Symposium
Trends in real wage growth Daniel G. Sullivan Mar 1997
*Economic Perspectives* Unemployment and wage growth: recent cross-state evidence Daniel Aaronson Daniel G. Sullivan 2000 Vol.24
Working Papers Rigid Prices: Evidence from U.S. Scanner Data (REVISED April, 2007) Jeffrey R. Campbell Benjamin Eden Oct 2005
Constructing the Chicago Fed Income Based Economic Index–Consumer Price Index: Inflation (REVISED November, 2006) Leslie McGranahan Anna Paulson Nov 2005
Real Exchange Rate Fluctuations and the Dynamics of Retail Trade Industries on the U.S.-Canada Border Jeffrey R. Campbell Beverly Lapham 2002
How do retail prices react to minimum wage increases? Daniel Aaronson James MacDonald 2000
Price pass-through and minimum wages Daniel Aaronson 1997
Inflation Research, Macroeconomic Analysis

*Chicago Fed Letter* The cost of uncertainty Francesca Eugeni Steven Strongin Mar 1991
Fuel and food: The good, the bad, and the long-run Jack L. Hervey July 1989
Why is inflation so low? Ellen Rissman Aug 1988
*Economic Perspectives* An alternative measure of inflation François Velde 2006 Vol.30
Testing the Calvo model of sticky prices Martin Eichenbaum Jonas D. M. Fisher 2003 Vol.27
Inflation and monetary policy in the twentieth century Lawrence J. Christiano Terry J. Fitzgerald 2003 Vol.27
Is the EMU a viable common currency area? a VAR analysis of regional business cycles Michael Kouparitsas 1999 Vol.23
The Business Cycle: It's Still a Puzzle Lawrence J. Christiano Terry J. Fitzgerald 1998 Vol.22
Identification and the liquidity effect: A case study Lawrence J. Christiano 1996 Vol.20
Temporal instability of the unemployment-inflation Robert G. King James H. Stock Mark W. Watson 1995 Vol.19
Sectoral wage growth and inflation Ellen Rissman 1995 Vol.19
Long-run labor market dynamics and short-run Jeffrey R. Campbell Ellen Rissman 1994 Vol.18
Does inflation reduce productivity? Kenneth N. Kuttner Argia Sbordone 1994 Vol.18
Capacity utilization and inflation Thomas Gittings 1989 Vol.13
Real boats rock: Monetary policy and real business cycles Steven Strongin 1988 Vol.12
The relationship of money and income: The breakdowns in the 70s and 80s Diane Siegel 1986 Vol.10
Interest rate volatility in historical perspective Harvey Rosenblum Steven Strongin 1983 Vol.7
Interest rates and inflation John H. Wood 1981 Vol.5
Working Papers Investment Shocks and Business Cycles Alejandro Justiniano Giorgio E. Primiceri Andrea Tambalotti July 2008
Global Inflation Matteo Ciccarelli Benoît Mojon 2008
How Professional Forecasters View Shocks to GDP Spencer Krane Nov 2006
Firm-Specific Capital, Nominal Rigidities and the Business Cycle David Altig Lawrence J. Christiano Martin Eichenbaum Jesper Linde Jan 2005
Evaluating the Calvo Model of Sticky Prices Martin Eichenbaum Jonas D. M. Fisher Dec 2003
Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy Lawrence J. Christiano Martin Eichenbaum Charles L. Evans Sept 2001
Is the United States an optimum currency area? An empirical analysis of regional business cycles Michael Kouparitsas 2001
The Role of Real Wages, Productivity, and Fiscal Policy in Germany’s Great Depression 1928-1937 Jonas D. M. Fisher Andreas Hornstein 2001
On the Fiscal Implications of Twin Crises Craig Burnside Martin Eichenbaum Sergio Rebelo 2001
Recent evidence on the relationship between unemployment and wage growth Daniel Aaronson Daniel G. Sullivan 2000
Data revisions and the identification of monetary policy shocks Dean Croushore Charles L. Evans 2000
What can account for fluctuations in the terms of trade? Marianne Baxter Michael Kouparitsas 2000
Monetary policy shocks: What have we learned and to what end? Lawrence J. Christiano Martin Eichenbaum Charles L. Evans 1997
Money, sticky wages and the Great Depression Michael D. Bordo Christopher J. Erceg Charles L. Evans 1997
Sticky price and limited participation models of money: A comparison Lawrence J. Christiano Martin Eichenbaum Charles L. Evans 1996
Inflation Research, Policy

*Chicago Fed Letter* What’s a penny (or a nickel) really worth? (Special Issue) François Velde Feb 2007
Reflections on monetary policy: Flexibility, transparency, and inflation Michael H. Moskow Sept 2006
Fiscal policy and price stability: The case of Italy, 1992–98 Marco Bassetto Dec 2006
2005 Conference on Price Stability: A summary (Special Issue) Jonas D. M. Fisher Spencer Krane Dec 2006 2005 Inflation Research Center Conference on Price Stability
The monetary base as an indicator of policy Robert D. Laurent Dec 1995
The dollar and the federal funds rate Charles L. Evans Aug 1994
Services also slow down Steven Strongin Aug 1990
*Economic Perspectives* Seasonal monetary policy Marcelo Veracierto 2005 Vol.29
Poor hand or poor play? the rise and fall of inflation in the U.S. François Velde 2004 Vol.28
The optimal price of money Pedro Teles 2003 Vol.27
Following the yellow brick road: How the United States adopted the gold standard François Velde 2002 Vol.26
Dollarization in Argentina François Velde Marcelo Veracierto 2000 Vol.24
The Expectations Trap Hypothesis Lawrence J. Christiano Christopher J. Gust 2000 Vol.24
Lessons from the history of money François Velde 1998 Vol.22
Interest rate shocks and the dollar Charles L. Evans 1994 Vol.18
Real boats rock: Monetary policy and real business cycles Steven Strongin 1988 Vol.12
An interest rate-based indicator of monetary policy Robert D. Laurent 1988 Vol.12
Looking back: The use of interest rates in monetary policy Larry R. Mote 1988 Vol.12
M1: The ever-changing past Diane Siegel Steven Strongin 1986 Vol.10
Can the monetary models be fixed? Diane Siegel Steven Strongin 1986 Vol.10
The right rabbit: Which intermediate target should the Fed pursue? Gillian Garcia 1984 Vol.8
Working Papers Monetary Policy with State Contingent Interest Rates Bernardino Adão Isabel Correia Pedro Teles Nov 2004
Monetary Policy with Single Instrument Feedback Rules Bernardino Adão Isabel Correia Pedro Teles Nov 2004
Nominal Debt as a Burden on Monetary Policy Javier Díaz-Giménez Giorgia Giovannetti Ramon Marimon Pedro Teles July 2004
Optimal Fiscal and Monetary Policy: Equivalence Results Isabel Correia Juan Paolo Nicolini Pedro Teles 2002
Monetary Policy in a Financial Crisis Lawrence J. Christiano Christopher J. Gust Jorge Roldos 2002
Expectation Traps and Monetary Policy Stefania Albanesi V. V. Chari Lawrence J. Christiano 2002
The Optimal Mix of Taxes on Money, Consumption and Income Fiorella De Fiore Pedro Teles 2002
Taylor rules in a limited participation Model Lawrence J. Christiano Christopher J. Gust 1999
Can VARs describe monetary policy? Charles L. Evans Kenneth N. Kuttner 1998
Inflation Research, Forecasting

*Chicago Fed Letter* Economic Outlook Symposium: Summary of 2006 results and forecasts for 2007 Emily Engel William A. Strauss Feb 2007
Economic Outlook Symposium: Summary of 2005 results and forecasts for 2006 Emily Engel William A. Strauss Mar 2006 2005 Economic Outlook Symposium
Economic Outlook Symposium: Summary of 2004 results and forecasts for 2005 (Special Issue) Emily Engel William A. Strauss Feb 2005
Forecasting Inflation with a lot of Data Jonas D. M. Fisher Mar 2000
The ups and downs of commodity price indexes Francesca Eugeni Joel T. Krueger Dec 1994
*Economic Perspectives* Are inflation targets good inflation forecasts? Marie Diron Benoît Mojon 2008 Vol.32
Consumption-based macroeconomic forecasting Jeffrey R. Campbell Spencer Krane 2005 Vol.29
In search of a robust inflation forecast Scott Brave Jonas D. M. Fisher 2004 Vol.28
The 2001 recession and the Chicago Fed National Activity Index: Identifying business cycle turning points Charles L. Evans Chin Te Liu Genevieve Pham-Kanter 2002 Vol.26
When can we forecast inflation? Jonas D. M. Fisher Chin Te Liu Ruilin Zhou 2002 Vol.26
A policymakers' guide to economic forecasts Paula Binkley Steven Strongin 1988 Vol.12
The current FRB Chicago—Gittings model Thomas Gittings Steven Strongin 1986 Vol.10
Working Papers Chronicles of a Deflation Unforetold François Velde Nov 2006
Inflation Research, Financial Analysis

*Chicago Fed Letter* Explaining recent changes in home prices Richard J. Rosen July 2005
Whither the Stock Market? David Marshall Aug 1998
*Economic Perspectives* The great turn-of-the-century housing boom Jonas D. M. Fisher Saad Quayyum 2006 Vol.30
Monetary policy shocks and long-term interest rates Wendy Edelberg David Marshall 1996 Vol.20
Working Papers Chronicles of a Deflation Unforetold François Velde Nov 2006
Asset price fluctuation and price indices Shigenori Shiratsuka 1999
Monetary policy and the term structure of nominal interest rates: Evidence and theory Charles L. Evans David Marshall 1997
Expectation traps and discretion V. V. Chari Lawrence J. Christiano Martin Eichenbaum 1996