The Great Inflation of the Seventies: What Really Happened?

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Identification in Macroeconomics (2017, background): “The idea that inflation is “always and everywhere a monetary phenomenon” was a proposition that (surprisingly to modern ears) was doubted by many in the 1970’s (Romer and Romer, 2002; Nelson, 2005).”
Inference on stochastic time-varying coefficient models (2014, methodology): “Moreover, there arose the widespread acceptance of the doctrine that inflation is caused by and can be tamed by monetary policy, and that unemployment cannot be permanently held down by loose monetary policy, a doctrine that was not at all universal at the start of the sample period, (see, for examp”
The Fed's monetary policy rule and U.S. inflation: The case of asymmetric preferences (2007, unknown): “In addition to the informal evidence collected by De Long (1997), Romer and Romer (2003), Nelson (2005) and the references therein, it is important to bear in mind that central banks had become increasingly independent since the middle of the 1980s.”