References
- Banerjee , A , Dolado , J , Galbraith , J and Hendry , D . 1993 . Co-integration, Error-Correction, and the Econometric Analysis of Non-Stationary Data , Oxford : Oxford University Press .
- Bernanke , B , Laubach , T , Mishkin , F and Posen , A . 1999 . Inflation Targeting: Lessons from the International Experience , Princeton, NJ : Princeton University Press .
- Christiano , L , Eichenbaum , M and Evans , C . 1996 . The effects of monetary policy shocks: some evidence from the flow of funds . Review of Economics and Statistics , 78 : 16 – 34 .
- Estrella , A and Mishkin , F . 1999 . “ Rethinking the role of NAIRU in monetary policy: implications of model formation and uncertainty ” . In Monetary Policy Rules , Edited by: Taylor , J . 405 – 30 . Chicago : University of Chicago Press .
- Evans , G . 1989 . A measure of the US output gap . Economics Letters , 29 : 285 – 9 .
- King , R , Stock , J and Watson , M . 1995 . Temporal instability of the unemployment-inflation relationship . Federal Reserve Bank of Chicago Economic Perspectives , 19 : 2 – 12 .
- King , R and Watson , M . 1994 . The post-war U.S. Phillips curve: a revisionist econometric history . Carnegie-Rochester Series on Public Policy , 41 : 157 – 219 .
- Laubach , T . 2001 . Measuring the NAIRU: evidence from seven countries . Review of Economics and Statistics , 83 : 218 – 31 .
- Li , H and Maddala , GS . 1999 . Bootstrap variance estimation of nonlinear functions of parameters: an application to long-run elasticities of energy demand . Review of Economics and Statistics , 81 : 728 – 33 .
- Skalin , J and Teräsvirta , T . 2002 . Modelling asymmetries and moving equilibria in unemployment rates . Macroeconomic Dynamics , 6 : 202 – 41 .
- Staiger , D , Stock , J and Watson , M . 1997 . “ How precise are estimates of the natural rate of unemployment? ” . In Reducing Inflation: Motivation and Strategy , Edited by: Romer , C and Romer , D . 195 – 242 . Chicago : University of Chicago Press .