Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
create a website

Disinflation in steps and the Phillips curve: Israel 1986–2015. (2017). Melnick, Rafi ; Strohsal, Till.
In: Journal of Macroeconomics.
RePEc:eee:jmacro:v:53:y:2017:i:c:p:145-161.

Full description at Econpapers || Download paper

Cited: 2

Citations received by this document

Cites: 39

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Information and the Formation of Inflation Expectations by Firms: Evidence from a Survey of Israeli Firms. (2023). Gorodnichenko, Yuriy ; Kutai, Ari ; Melnick, Rafi.
    In: IZA Discussion Papers.
    RePEc:iza:izadps:dp16334.

    Full description at Econpapers || Download paper

  2. Wages and inflation in Mexican manufacturing. A two-period comparison: 1994-2003 and 2007-2016. (2021). Carbajal De Nova, Carolina ; Carbajal-De, Carolina.
    In: MPRA Paper.
    RePEc:pra:mprapa:109555.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Aksoy, Y. ; Orphanides, A. ; Small, D. ; Wieland, V. ; Wilcox, D. A quantitative exploration of the opportunistic approach to disinflation. 2006 J. Monet. Econ.. 53 1877-1893

  2. Bai, J. Estimating multiple breaks one at a time. 1997 Econ. Theory. 13 315-352

  3. Bai, J. ; Perron, P. Computation and analysis of multiple structural change models. 2003 J. Appl. Econ.. 18 1-22

  4. Bai, J. ; Perron, P. Critical values for multiple structural change tests. 2003 Econ. J.. 6 72-78

  5. Bai, J. ; Perron, P. Estimating and testing linear models with multiple structural changes. 1998 Econometrica. 66 47-78

  6. Ball, L. ; Mazumder, S. A Phillips Curve With Anchored Expectations and Short-Term Unemployment. 2014 Cambridge, MA:

  7. Ball, L. ; Mazumder, S. Inflation dynamics and the great recession. 2011 Brook. Papers Econ. Activity (Spring). 337-381

  8. Ben-Bassat, A. The inflation target in Israel: Policy and development. 1995 En : Haldane, H.G. Targeting Inflation. Bank of England:
    Paper not yet in RePEc: Add citation now
  9. Blinder, A.S. Prepared statement in nominations of Alan S. Blinder. 1994 En : Wallman, Steven M.H. ; Diehl, Philip N. Hearing Before the Committee on Banking, Housing, and Urban Affairs. US Government Printing Office: United States Senate. Washington DC
    Paper not yet in RePEc: Add citation now
  10. Bruno, M. Crisis, Stabilization, and Economic Reform: Therapy by Consensus: Therapy by Consensus. 1993 Oxford University Press:

  11. Bruno, M. ; Fischer, S. The inflationary process: shocks and accommodation. 1986 En : Ben-Porath, Y. The Israeli Economy: Maturing through Crises. Harvard University Press: Cambridge, Mass
    Paper not yet in RePEc: Add citation now
  12. Bruno, M. ; Piterman, S. The inflationary process: shocks and accommodation. 1988 En : Bruno, M. ; Di Tella, G. ; Dornbusch, R. ; Fischer, S. Inflation Stabilization: The Experience of Israel, Argentina, Brazil, Bolivia, and Mexico. MIT Press:

  13. Castle, J.L. ; Doornik, J.A. ; Hendry, D.F. ; Nymoen, R. Misspecification testing: non-invariance of expectations models of inflation. 2014 Econ. Rev.. 33 553-574

  14. Clarida, R. ; Gali, J. ; Gertler, M. Monetary rules and macroeconomic stability: evidence and some theory. 2000 Q. J. Econ.. 115 147-180

  15. Clarida, R. ; Gali, J. ; Gertler, M. The science of monetary policy: a new Keynesian perspective. 1999 J. Econ. Lit.. XXXVII 1661-1707

  16. Cukierman, A. ; Melnick, R. The conquest of Israeli inflation and current policy dilemmas. 2015 En : Offenbacher, Akiva Maintaining Price Stability: The Bank of Israel's Sixth Decade. The Bank of Israel: Jerusalem

  17. Drazen, A. ; Helpman, E. Inflationary consequences of anticipated macroeconomic policies. 1990 Rev. Econ. Stud.. 57 147-164

  18. Friedman, M. The role of monetary policy. 1968 Am. Econ. Rev.. 68 1-17
    Paper not yet in RePEc: Add citation now
  19. Galí, J. ; Gertler, M. Inflation dynamics: a structural econometric analysis. 1999 J. Monet. Econ.. 44 195-222

  20. Galí, J. ; Gertler, M. ; López-Salido, D. Robustness of the estimates of the hybrid new Keynesian Phillips curve. 2005 J. Monet. Econ.. 52 1107-1118

  21. Gordon, J. The Phillips Curve is Alive and Well: Inflation and the NAIRU During the Slow Recovery. 2013 Cambridge, MA:

  22. Gordon, R.J. The history of the Phillips curve: consensus and bifurcation. 2011 Economica. 78 10-50

  23. Lindé, J. Estimating new-Keynesian Phillips curves: a full information maximum likelihood approach. 2005 J. Monet. Econ.. 52 1135-1149

  24. Liviatan, N. ; Melnick, R. Inflation and disinflation by steps in Israel. 1999 En : Leiderman, L. Inflation and Disinflation in Israel. Research Department, Bank of Israel:
    Paper not yet in RePEc: Add citation now
  25. Liviatan, N. ; Piterman, S. Accelerating inflation and balance of payments crises: Israel. 1986 En : Ben- Porath, Y. The Israeli Economy: Maturing through Crises. Harvard University Press: Cambridge, Mass
    Paper not yet in RePEc: Add citation now
  26. Mavroeidis, M. ; Plagborg-Møller, M. ; Stock, J. Empirical evidence on inflation expectations in the new Keynesian Phillips curve. 2014 J. Econ. Lit.. 52 124-188

  27. Melnick, R. Measuring unobserved expected inflation. 2016 Int. Finance. 19 2-22

  28. Orphanides, A. ; Wilcox, D.W. The opportunistic approach to disinflation. 2002 Int. Finance. 5 47-71

  29. Perron, P. Dealing with structural breaks. 2006 En : Mills, T.C. ; Patterson, K. . Palgrave Macmillan:
    Paper not yet in RePEc: Add citation now
  30. Pflueger, C.E. ; Viceira, L.M. Return Predictability in the Treasury Market: Real Rates, Inflation, and Liquidity. 2011 Cambridge, MA:

  31. Phelps, E.S. Phillips curves, expectations of inflation and optimal employment over time. 1967 Economica. 34 254-281
    Paper not yet in RePEc: Add citation now
  32. Rudd, J. ; Whelan, K. New tests of the new-Keynesian Phillips curve. 2005 J. Monet. Econ.. 52 1167-1181

  33. Samuelson, P.A. ; Solow, R.M. Analytical Aspects of Anti-inflation Policy. 1960 Am. Econ. Rev.. 50 177-194
    Paper not yet in RePEc: Add citation now
  34. Sargent, J.T. The end of four big inflations. 1982 En : Hall, R.E. Inflation: Causes and Effects. University of Chicago Press:

  35. Shiffer, Z. The rise and (very partial) decline of indexation in Israel. 2001 En : Leiderman, L. Inflation and Disinflation in Israel. Research Department, Bank of Israel:
    Paper not yet in RePEc: Add citation now
  36. Sokoler, M. Inflation targeting and exchange rate regime: The case of Israel. 2000 Bank of Thailand: Bangkok
    Paper not yet in RePEc: Add citation now
  37. Stock, J.H. Discussion of Ball-Mazumder. 2011 Brook. Papers Econ. Activity (Spring). 387-402
    Paper not yet in RePEc: Add citation now
  38. Woodford, M. (2003). Interest and Prices: Foundations of a Theory of Monetary Policy. Princeton and Oxford: Princeton University Press.
    Paper not yet in RePEc: Add citation now
  39. Yariv, D. (1989) Estimating inflation expectations in Israel and analyzing their development in light disinflation programs. Bank of Israel Survey n. 64, Jerusalem (Hebrew).
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Monetary policy reaction to uncertainty in Japan: Evidence from a quantile?on?quantile interest rate rule. (2022). Hassapis, Christis ; Gupta, Rangan ; Naraidoo, Ruthira ; Christou, Christina.
    In: International Journal of Finance & Economics.
    RePEc:wly:ijfiec:v:27:y:2022:i:2:p:2041-2053.

    Full description at Econpapers || Download paper

  2. Monetary Policy Reaction to Uncertainty in Japan: Evidence from a Quantile-on-Quantile Interest Rate Rule. (2019). Naraidoo, Ruthira ; GUPTA, RANGAN ; Hassapis, Christis ; Christou, Christina.
    In: Working Papers.
    RePEc:pre:wpaper:201929.

    Full description at Econpapers || Download paper

  3. Bond and option prices with permanent shocks. (2019). Al-Zoubi, Haitham A.
    In: Journal of Empirical Finance.
    RePEc:eee:empfin:v:53:y:2019:i:c:p:272-290.

    Full description at Econpapers || Download paper

  4. Exploring International Differences in Inflation Dynamics. (2017). Staveley-O'Carroll, Olena ; Ahmad, Yamin ; Mykhaylova, Olena .
    In: Working Papers.
    RePEc:uww:wpaper:15-01.

    Full description at Econpapers || Download paper

  5. Nonlinearity and asymmetry in the monetary policy reaction function: a partially generalized ordered probit approach. (2017). DANIS, HAKAN.
    In: Eurasian Economic Review.
    RePEc:spr:eurase:v:7:y:2017:i:2:d:10.1007_s40822-017-0069-x.

    Full description at Econpapers || Download paper

  6. Monetary Policy Reaction Functions of the TICKs: A Quantile Regression Approach. (2017). Naraidoo, Ruthira ; GUPTA, RANGAN ; Kim, Won Joong ; Christou, Christina.
    In: Working Papers.
    RePEc:pre:wpaper:201738.

    Full description at Econpapers || Download paper

  7. Disinflation in steps and the Phillips curve: Israel 1986–2015. (2017). Melnick, Rafi ; Strohsal, Till.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:53:y:2017:i:c:p:145-161.

    Full description at Econpapers || Download paper

  8. Exploring international differences in inflation dynamics. (2017). Staveley-O'Carroll, Olena ; Ahmad, Yamin ; Staveley-Ocarroll, Olena M.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:79:y:2017:i:c:p:115-135.

    Full description at Econpapers || Download paper

  9. Disinflations in a model of imperfectly anchored expectations. (2017). Kulish, Mariano ; Gibbs, Christopher.
    In: European Economic Review.
    RePEc:eee:eecrev:v:100:y:2017:i:c:p:157-174.

    Full description at Econpapers || Download paper

  10. Assessing Nonlinear Dynamics of Central Bank Reaction Function: The Case of Mozambique. (2017). Nhapulo, Gerson ; Nicolau, Joo.
    In: South African Journal of Economics.
    RePEc:bla:sajeco:v:85:y:2017:i:1:p:28-51.

    Full description at Econpapers || Download paper

  11. Disinflation and the Phillips Curve: Israel 1986-2015. (2016). Strohsal, Till ; Melnick, Rafi .
    In: SFB 649 Discussion Papers.
    RePEc:hum:wpaper:sfb649dp2016-039.

    Full description at Econpapers || Download paper

  12. Nonlinear monetary policy and macroeconomic stabilization in emerging market economies: Evidence from China. (2016). Ma, Yong.
    In: Economic Systems.
    RePEc:eee:ecosys:v:40:y:2016:i:3:p:461-480.

    Full description at Econpapers || Download paper

  13. A multiple threshold analysis of the Feds balancing act during the Great Moderation. (2016). Ahmad, Saad .
    In: Economic Modelling.
    RePEc:eee:ecmode:v:55:y:2016:i:c:p:343-358.

    Full description at Econpapers || Download paper

  14. Cold Turkey vs. gradualism: Evidence on disinflation strategies from a laboratory experiment. (2015). Giamattei, Marcus.
    In: Passauer Diskussionspapiere, Volkswirtschaftliche Reihe.
    RePEc:zbw:upadvr:v6715.

    Full description at Econpapers || Download paper

  15. Exploring International Differences in Inflation Dynamics. (2015). Staveley-O'Carroll, Olena ; Ahmad, Yamin ; Mykhaylova, Olena .
    In: Working Papers.
    RePEc:hcx:wpaper:1509.

    Full description at Econpapers || Download paper

  16. The Evolution of Central Banking and Monetary Policy in the Asia-Pacific. (2015). Hossain, Akhand Akhtar.
    In: Books.
    RePEc:elg:eebook:14611.

    Full description at Econpapers || Download paper

  17. Asymmetric Behaviour of Inflation around the Target in Inflation-Targeting Countries. (2015). AkdoÄŸan, KurmaÅŸ ; Akdoan, Kurma .
    In: Scottish Journal of Political Economy.
    RePEc:bla:scotjp:v:62:y:2015:i:5:p:486-504.

    Full description at Econpapers || Download paper

  18. Monetary policy, inflation, and inflation volatility in Australia. (2014). Hossain, Akhand.
    In: Journal of Post Keynesian Economics.
    RePEc:mes:postke:v:36:y:2014:i:4:p:745-780.

    Full description at Econpapers || Download paper

  19. Nonlinear convergence in Asian interest and inflation rates: evidence from Asian countries. (2014). Nusair, Salah ; Kisswani, Khalid.
    In: Economic Change and Restructuring.
    RePEc:kap:ecopln:v:47:y:2014:i:3:p:155-186.

    Full description at Econpapers || Download paper

  20. Monetary policy and stability during six periods in US economic history: 1959–2008: a novel, nonlinear monetary policy rule. (2013). McNown, Robert ; Seip, Knut L..
    In: Journal of Policy Modeling.
    RePEc:eee:jpolmo:v:35:y:2013:i:2:p:307-325.

    Full description at Econpapers || Download paper

  21. Non-linearities in the dynamics of oil prices. (2013). Nusair, Salah ; Kisswani, Khalid.
    In: Energy Economics.
    RePEc:eee:eneeco:v:36:y:2013:i:c:p:341-353.

    Full description at Econpapers || Download paper

  22. Disaggregate evidence on Spanish inflation persistence. (2012). Usabiaga, Carlos ; Romero-Ávila, Diego.
    In: Applied Economics.
    RePEc:taf:applec:44:y:2012:i:23:p:3029-3046.

    Full description at Econpapers || Download paper

  23. Non-linearities in the dynamics of oil prices. (2012). Nusair, Salah ; Kisswani, Khalid ; Kisswani, Khalid /M., ; Nusair, Salah/ A., ; Nusair, Salah /A., ; Kisswani, Khalid/ M., .
    In: MPRA Paper.
    RePEc:pra:mprapa:36586.

    Full description at Econpapers || Download paper

  24. New Disaggregate Evidence on Spanish Inflation Persistence. (2012). Usabiaga, Carlos ; Romero-Avila, Diego .
    In: EcoMod2012.
    RePEc:ekd:002672:3800.

    Full description at Econpapers || Download paper

  25. Forecasting monetary policy rules in South Africa. (2012). Paya, Ivan ; Naraidoo, Ruthira.
    In: International Journal of Forecasting.
    RePEc:eee:intfor:v:28:y:2012:i:2:p:446-455.

    Full description at Econpapers || Download paper

  26. Financial conditions and nonlinearities in the European Central Bank (ECB) reaction function: In-sample and out-of-sample assessment. (2012). Naraidoo, Ruthira ; Milas, Costas.
    In: Computational Statistics & Data Analysis.
    RePEc:eee:csdana:v:56:y:2012:i:1:p:173-189.

    Full description at Econpapers || Download paper

  27. Non-linear convergence in Asian interest rates and inflation rates. (2011). Nusair, Salah ; Kisswani, Khalid ; Kisswani, Khalid /M., ; Nusair, Salah/ A., ; Nusair, Salah /A., ; Kisswani, Khalid/ M., .
    In: MPRA Paper.
    RePEc:pra:mprapa:34179.

    Full description at Econpapers || Download paper

  28. Threshold effects in the monetary policy reaction function of the Deutsche Bundesbank. (2011). Mandler, Martin.
    In: MPRA Paper.
    RePEc:pra:mprapa:32430.

    Full description at Econpapers || Download paper

  29. The Taylor Rule and “Opportunistic” Monetary Policy. (2010). Enders, Walter ; Bunzel, Helle.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:42:y:2010:i:5:p:931-949.

    Full description at Econpapers || Download paper

  30. Inflation Dynamics in the U.S.: Global but Not Local Mean Reversion. (2010). Peel, David A ; Paya, Ivan ; Nobay, Bob.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:42:y:2010:i:1:p:135-150.

    Full description at Econpapers || Download paper

  31. Forecasting Monetary Policy Rules in South Africa. (2010). Paya, Ivan ; Naraidoo, Ruthira.
    In: Working Papers.
    RePEc:rza:wpaper:189.

    Full description at Econpapers || Download paper

  32. Forecasting Monetary Rules in South Africa. (2010). Paya, Ivan ; Naraidoo, Ruthira.
    In: Working Papers.
    RePEc:pre:wpaper:201007.

    Full description at Econpapers || Download paper

  33. Financial asset prices, linear and nonlinear policy rules. An In-sample assessment of the reaction function of the South African Reserve Bank. (2010). Naraidoo, Ruthira ; Kasai, Ndahiriwe ; Ndahiriwe, Kasai .
    In: Working Papers.
    RePEc:pre:wpaper:201006.

    Full description at Econpapers || Download paper

  34. Zone targeting monetary policy preferences and financial market conditions: a flexible nonlinear policy reaction function of the SARB monetary policy. (2010). Raputsoane, Leroi ; Naraidoo, Ruthira.
    In: Working Papers.
    RePEc:pre:wpaper:201005.

    Full description at Econpapers || Download paper

  35. Macroeconomic dynamics and inflation regimes in the U.S. Results from threshold vector autoregressions. (2010). Mandler, Martin.
    In: MPRA Paper.
    RePEc:pra:mprapa:21887.

    Full description at Econpapers || Download paper

  36. Monetary Policy in a Low Inflation Environment: Is There Evidence for Opportunistic Behaviour?. (2010). Srinivasan, Naveen ; Ramachandran, M ; Kumar, Sudhanshu.
    In: Journal of Quantitative Economics.
    RePEc:jqe:jqenew:v:8:y:2010:i:2:p:4-19.

    Full description at Econpapers || Download paper

  37. Time-varying asymmetries in central bank preferences: The case of the ECB. (2010). Ikeda, Taro.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:32:y:2010:i:4:p:1054-1066.

    Full description at Econpapers || Download paper

  38. ZONE‐TARGETING MONETARY POLICY PREFERENCES AND FINANCIAL MARKET CONDITIONS: A FLEXIBLE NON‐LINEAR POLICY REACTION FUNCTION OF THE SARB MONETARY POLICY. (2010). Raputsoane, Leroi ; Naraidoo, Ruthira.
    In: South African Journal of Economics.
    RePEc:bla:sajeco:v:78:y:2010:i:4:p:400-417.

    Full description at Econpapers || Download paper

  39. TESTING THE OPPORTUNISTIC APPROACH TO MONETARY POLICY. (2010). Milas, Costas ; Martin, Christopher.
    In: Manchester School.
    RePEc:bla:manchs:v:78:y:2010:i:2:p:110-125.

    Full description at Econpapers || Download paper

  40. Financial Market Conditions, Real Time, Nonlinearity and European Central Bank Monetary Policy: In-Sample and Out-of-Sample Assessment. (2009). Naraidoo, Ruthira ; Milas, Costas.
    In: Working Paper series.
    RePEc:rim:rimwps:42_09.

    Full description at Econpapers || Download paper

  41. Nonlinearity in monetary policy: A reconsideration of the opportunistic approach to disinflation. (2009). Zagaglia, Paolo ; Strid, Ingvar ; Marzo, Massimiliano.
    In: Structural Change and Economic Dynamics.
    RePEc:eee:streco:v:20:y:2009:i:4:p:288-300.

    Full description at Econpapers || Download paper

  42. Optimal Monetary Policy with a Convex Phillips Curve. (2009). TAMBAKIS, DEMOSTHENES.
    In: The B.E. Journal of Macroeconomics.
    RePEc:bpj:bejmac:v:9:y:2009:i:1:n:22.

    Full description at Econpapers || Download paper

  43. Economic Projections and Rules-of-Thumb for Monetary Policy. (2008). Wieland, Volker ; Orphanides, Athanasios.
    In: Discussion Papers.
    RePEc:sip:dpaper:07-035.

    Full description at Econpapers || Download paper

  44. Economic Projections and Rules-of-Thumb for Monetary Policy. (2008). Wieland, Volker ; Orphanides, Athanasios.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:6748.

    Full description at Econpapers || Download paper

  45. Optimal Monetary Policy with a Convex Phillips Curve. (2008). TAMBAKIS, DEMOSTHENES.
    In: Cambridge Working Papers in Economics.
    RePEc:cam:camdae:0859.

    Full description at Econpapers || Download paper

  46. Forecasting with DSGE Models: The Role of Nonlinearities. (2008). Pichler, Paul.
    In: The B.E. Journal of Macroeconomics.
    RePEc:bpj:bejmac:v:8:y:2008:i:1:n:20.

    Full description at Econpapers || Download paper

  47. A Long‐Run Non‐Linear Approach to the Fisher Effect. (2007). Leon-Ledesma, Miguel ; Leonledesma, Miguel A ; Christopoulos, Dimitris K.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:39:y:2007:i:2-3:p:543-559.

    Full description at Econpapers || Download paper

  48. A retrospective look at the U.S. productivity growth resurgence. (2007). Stiroh, Kevin ; Ho, Mun ; JORGENSON, Dale W..
    In: Staff Reports.
    RePEc:fip:fednsr:277.

    Full description at Econpapers || Download paper

  49. Optimal Opportunistic Monetary Policy in a New-Keynesian Model. (2006). Zagaglia, Paolo ; Strid, Ingvar ; Marzo, Massimiliano.
    In: Research Papers in Economics.
    RePEc:hhs:sunrpe:2006_0008.

    Full description at Econpapers || Download paper

  50. Optimal Opportunistic Monetary Policy in A New-Keynesian Model. (2006). Zagaglia, Paolo ; Strid, Ingvar ; Marzo, Massimiliano.
    In: Working Papers.
    RePEc:bol:bodewp:573.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-02-15 11:11:34 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.