Velocity of money and inflation dynamics

References

• Bound , J. , Jaeger , D. and Baker , R. 1995 . Problems with instrumental variables estimation when the correlation between the instruments and the endogenous explanatory variable is weak . Journal of the American Statistical Association , 90 : 443 – 50 .
   Web of Science ®Google Scholar
• Gali , J. J. and Gertler , M. 1999 . Inflation dynamics: a structural econometric investigation . Journal of Monetary Economics , 44 : 195 – 222 .
   Web of Science ®Google Scholar
• Gali , J. J. , Gertler , M. and Lopez-Salido , D. 2001 . European inflation dynamics . European Economic Review , 45 : 1237 – 70 .
   Web of Science ®Google Scholar
• Hansen , L. P. 1982 . Large Sample Properties of Generalized Method of Moments Estimators . Econometrica , 50 : 1029 – 54 .
   Web of Science ®Google Scholar
• Ireland , P. N. 2002 . Money's role in the monetary business cycle , Boston college, Working Paper .
   Google Scholar
• Kim , H. and Subramanian , C. 2006 . Transactions cost and interest rate rules . Journal of Money, Credit, and Banking , 38 : 1077 – 91 .
   Web of Science ®Google Scholar
• Ravenna , F. and Walsh , C. E. 2003 . “ The cost channel in a new keynesian model: evidence and implications ” . In Mimeo , Santa Cruz : University of California .
   Google Scholar
• Sbordone , A. M. 2002 . Prices and unit labor costs: a new test of price stickiness . Journal of Monetary Economics , 49 : 265 – 92 .
   Web of Science ®Google Scholar
• Staiger , D. and Stock , J. H. 1997 . Instrumental variables regression with weak instruments . Econometrica , 65 : 557 – 86 .
   Web of Science ®Google Scholar