Relative Goods' Prices, Pure Inflation, and the Phillips Correlation

By Ricardo Reis, Mark W. Watson. 2010

165 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/e634ec03f161ca35282a84afd35b8ce23b18097b

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In Economics and Econometrics

Citations in the corpus

A Quasi–Maximum Likelihood Approach for Large, Approximate Dynamic Factor Models (2012, unknown): “…components, our parametric approach provides a natural framework for structural analysis since it allows imposing restrictions on the factor structure as done, example, in Bernanke et al. (2005), Boivin and Giannoni (2005), Forni and Reichlin (2001), Kose et al., (2003), and Reis and Watson (2010).”
Core Inflation and Trend Inflation (2016, background): “…common factors of multiple inflation series, including Bryan and Cecchetti (1993), Cristadoro et al. (2005), Amstad and Potter (2007), Kiley (2008), Altissimo, Mojon, and Zaffaroni (2009), Boivin, Giannoni, and Mihov (2009), Reis and Watson (2010), and Sbrana, Silvestrini, and Venditti (2015).”
Maximum Likelihood Estimation and Inference for Approximate Factor Models of High Dimension (2016, unknown): “This type of estimator has been considered by Reis and Watson (2010), and readers are referred to their paper for details.”
Principal Components Estimation and Identication of the Factors (2011, background): “Examples of over-identifying factor models in economics can be found, for example, in Heaton and Solo (2004) and Reis and Watson (2010).”
Can aggregation explain the persistence of inflation (2009, methodology): “A simple consequence of a purely monetary shock is its neutrality with respect to relative prices long run dynamics, in line with the definition of pure inflation given by Reis and Watson (2008).”
Commodity-price comovement and global economic activity (2020, result): “The views expressed in the paper are those of the authors and should not be interpreted as reflecting the views of the Bank of Canada, its Governing Council, the International Monetary Fund, or any other institution with which the authors are or have been affiliated.”
Principal components estimation and identification of static factors (2013, methodology): “3 The structure of Λ is similar to Stock and Watson (2005), though they are interested in identification of shocks to the factors rather than the factors.”
Common Factors of Commodity Prices † (2018, unknown): “This method has also been used for structural analyses, as done, for example, in Reis and Watson (2010) and Luciani (2015).”
Real-Time Macroeconomic Monitoring: Real Activity, Inflation, and Interactions (2010, unknown): “15 Hence, for example, our focus is very dierent from the recent work of Reis and Watson (2009) , who use only prices of consumption goods and use a dynamic factor model to decompose them in a way that helps make contact with modern theories of ination dynamics.”