The Less-Volatile U.S. Economy
By Chang-Jin Kim, Charles R. Nelson, Jeremy Piger. 2001
169 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/381db239f1230f336342fc0612a095c3ab58a3fc
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Fabio Natalucci
- Andrew T. Levin
- Jeremy Piger
- Ricardo Reis
- Frédéric Pivetta
- C. Walsh
- C. R. Marques
- N. Apergis
Citations in the corpus
- Explicit Inflation Objectives and Macroeconomic Outcomes (2004, background): “…exhibits less persistence than that of a random walk; cf. Barsky (1987), Evans and Wachtel (1993), Fuhrer and Moore (1995), Brainard and Perry (2000), Taylor (2000), Cogley and Sargent (2001, 2003), Kim et al. (2001), Stock (2001), Pivetta and Reis (2001), Levin and Piger (2002), and Benati (2002).”
- Is Inflation Persistence Intrinsic in Industrial Economies? (2003, unknown): “The parameter vector {ρ tD i , i = 0, 1} is assumed to have a Gaussian prior distribution with mean {1, 1} and variance-covariance matrix ; the other prior distributions remain the same as in Section 3.3.”
- Can Financial Innovation Help to Explain the Reduced Volatility of Economic Activity (2005, unknown): “For example, many analysts including Taylor (1999), Clarida, Gali, and Gertler (2000), Kim, Nelson, and Piger (2001), Boivin and Giannoni (2003), Stock and Watson, and Romer and Romer (2002) have found that an increase in the inflation rate now induces a larger than one-for-one increase in the…”
- The persistence of inflation in the United States (2007, background): “data since 1793 and confirmed the Barsky (1987) result that inflation has only been persistent since World War I. Kim et al. (2004) found evidence for a structural break in inflation in late 1979, resulting in lower persistence.”
- The Macroeconomic Effects of Inflation Targeting (2004, background): “…exhibits less persistence than that of a random walk; cf. Barsky (1987), Evans and Wachtel (1993), Fuhrer and Moore (1995), Brainard and Perry (2000), Taylor (2000), Cogley and Sargent (2002, 2003), Kim et al. (2001), Stock (2002), Pivetta and Reis (2001), Levin and Piger (2002), and Benati (2002).”