Inflation dynamics: a speech at the Annual Macro Conference, Federal Reserve Bank of San Francisco, San Francisco, California, March 23, 2007

By Frederic S. Mishkin. 2007

154 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/93616cedf0d36a6e328e9376606420e370a88e55

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

Citations in the corpus

Globalization, macroeconomic performance, and monetary policy: a speech at the Domestic Prices in an Integrated World Economy Conference, Board of Governors of the Federal Reserve System, Washington, D.C., September 27, 2007 (2009, background): “That said, as I have emphasized in my speeches and writings (Mishkin, 2006a, b; Mishkin, 2007b), I strongly believe that globalization is and has been a key factor in promoting economic growth.”
A Phillips Curve with Anchored Expectations and Short-Term Unemployment (2015, unknown): “In the 2000s, Fed officials began to suggest that their commitment to stable inflation “in both words and actions” had produced “a strong anchoring of long-run inflation expectations” (Mishkin 2007).”
Do Inflation Expectations Propagate the Inflationary Impact of Real Oil Price Shocks?: Evidence from the Michigan Survey (2015, unknown): “It will then come as no surprise that we observe policymakers are concerned with how to manage inflation expectations in the event of an oil price shock (see, e.g. Mishkin, 2007; Bernanke, 2007).”
Fed Speak on Main Street (2016, unknown): “Well-anchored expectations theoretically promote price stability and facilitate efforts to achieve output stability ( Orphanides and Williams, 2007; Mishkin, 2007 ).”
The Sensitivity of the CPI to Exchange Rates: Distribution Margins, Imported Inputs, and Trade Exposure (2010, unknown): “I. Introduction THE implications that globalization trends have for mon-etary policy are actively debated, as demonstrated by the recent exchanges between Bernanke (2007), Ferrero, Gertler, and Svensson (2010), Woodford (2010), Mishkin (2007), and Rogoff (2007).”
Learning from Inflation Experiences (2016, background): “As Mishkin (2007) and Bernanke (2007) argue, better anchoring of inflation expectations plays an important role in explaining why the dynamics of inflation have changed in recent decades.”
Inflation Dynamics and the Great Recession (2011, background): “A growing number of economists, including Mishkin (2007), Bernanke (2010), and Kohn (2010), argue that this assumption, while once acceptable, has become untenable.”
Is Monetary Policy Effective During Financial Crises (2009, background): “This unanchoring of inflation expectations could then lead to significant inflation in the future because the behavior of inflation is significantly influenced by the public’s expectations about where inflation is likely to head in the long run (Mishkin, 2007).”
Exchange Rate Pass-Through And Monetary Policy (2008, background): “In a previous paper (Mishkin, 2007), I observed that many of the basic facts of the recent behavior of inflation dynamics--less persistence of inflation, a flatter Phillips curve, less responsiveness of inflation to shocks to energy prices and the exchange rate--can all be explained by recognizing…”