Atkeson, A. and Ohanian, L. (2001). ‘Are Phillips curves useful for forecasting inflation?’, Federal Reserve Bank of Minneapolis Quarterly Review, Vol. 25, pp. 2–11.
- Batini, N., Jackson, B. and Nickell, S. (2005). ‘An open‐economy new Keynesian Phillips curve for the U.K.’, Journal of Monetary Economics, Vol. 52, pp. 1061–1071.
Paper not yet in RePEc: Add citation now
Benati, L. (2008). ‘Investigating inflation persistence across monetary regimes’, The Quarterly Journal of Economics, Vol. 123, pp. 1005–1060.
- Bloomfield, R. and Hales, J. (2002). ‘Predicting the next step of a random walk: experimental evidence of regime‐switching beliefs’, Journal of Financial Economics, Vol. 65, pp. 397–414.
Paper not yet in RePEc: Add citation now
Boswijk, H., Hommes, C. and Manzan, S. (2007). ‘Behavioral heterogeneity in stock prices’, Journal of Economic Dynamics and Control, Vol. 31, pp. 1938–1970.
Branch, W. (2004). ‘The theory of rationally heterogeneous expectations: evidence from survey data on inflation expectations’, Economic Journal, Vol. 114, pp. 592–621.
- Branch, W. and McGough, B. (2009). ‘Monetary policy in a new Keynesian model with heterogeneous expectations’, Economic Dynamics and Control, Vol. 33, 1036–1051.
Paper not yet in RePEc: Add citation now
Brock, W. and Hommes, C. (1997). ‘A rational route to randomness’, Econometrica, Vol. 65, pp. 1059–1095.
Campbell, J. and Shiller, R. (1987). ‘Cointegration and tests of present value models’, Journal of Political Economy, Vol. 95, pp. 1062–1088.
Canova, F. (2006). Monetary Policy and the Evolution of the US Economy, CEPR Discussion Paper No. 5467.
Carriero, A. (2008). ‘A simple test of the new Keynesian Phillips curve’, Economics Letters, Vol. 100, pp. 241–244.
Carroll, C. (2003). ‘Macroeconomic expectations of households and professional forecasters’, Quarterly Journal of Economics, Vol. 118, pp. 269–298.
Coibion, O. and Gorodnichenko, Y. (2015). ‘Is the Phillips curve alive and well after all? Inflation expectations and the missing disinflation’, American Economic Journal: Macroeconomics, Vol. 7, pp. 197–232.
Coibion, O., Gorodnichenko, Y. and Kamdar, R. (2018). ‘The formation of expectations, inflation, and the Phillips curve’, Journal of Economic Literature, Vol. 56, pp. 1447–1491.
- Cornea‐Madeira, A. (2017). ‘The explicit formula for the Hodrick‐Prescott filter in a finite sample’, Review of Economics and Statistics, Vol. 99, pp. 314–318.
Paper not yet in RePEc: Add citation now
Cornea‐Madeira, A., Hommes, C. and Massaro, D. (2019). ‘Behavioral heterogeneity in U.S. inflation dynamics’, Journal of Business & Economic Statistics, Vol. 37, pp. 288–300.
Ellen, S. and Zwinkels, R. (2010). ‘Oil price dynamics: a behavioral finance approach with heterogeneous agents’, Energy Economics, Vol. 32, pp. 1427–1434.
Evans, G. and Honkapohja, S. (2001). Learning and Expectations in Macroeconomics. Princeton University Press, Princeton.
Faccini, R., Millard, S. and Zanetti, F. (2013). ‘Wage rigidities in an estimated dynamic, stochastic, general equilibrium model of the UK labour market’, Manchester School, Vol. 81, pp. 66–99.
Faust, J. and Wright, J. (2013). ‘Forecasting inflation’, in Elliott G., Granger C. and Timmermann A. (eds), Handbook of Economic Forecasting, Amsterdam: Elsevier.
Fuhrer, J., Kodrzycki, Y., Little, J. and Olivei, G. (eds) (2009). Understanding Inflation and the Implications for Monetary Policy: A Phillips Curve Retrospective. Cambridge: MIT Press Books.
Galí, J. and Gertler, M. (1999). ‘Inflation dynamics: a structural econometric analysis’, Journal of Monetary Economics, Vol. 44, pp. 195–222.
Galí, J., Gertler, M. and Lopez‐Salido, D. (2001). ‘European inflation dynamics’, European Economic Review, Vol. 45, pp. 1237–1270.
Giacomini, R. and Rossi, B. (2010). ‘Forecast comparisons in unstable environments’, Journal of Applied Econometrics, Vol. 25, pp. 595–620.
Hall, A., Han, S. and Boldea, O. (2012). ‘Inference regarding multiple structural changes in linear models with endogenous regressors’, Journal of Econometrics, Vol. 170, pp. 281–302.
Hommes, C. (2011). ‘The heterogeneous expectations hypothesis: some evidence from the lab’, Journal of Economic Dynamics and Control, Vol. 35, pp. 1–24.
Hommes, C. and Wagener, F. (2008). Complex Evolutionary Systems in Behavioral Finance, CeNDEF Working Papers 08‐05.
- International Monetary Fund. (2013). The Dog That Didn’t Bark: Has Inflation Been Muzzled or Was It Just Sleeping. Chapter 3 in World Economic Outlook, April 2013.
Paper not yet in RePEc: Add citation now
Jongen, R., Verschoor, W., Wolff, C. and Zwinkels, R. (2012). ‘Explaining dispersion in foreign exchange expectations: a heterogeneous agent approach’, Journal of Economic Dynamics and Control, Vol. 36, pp. 719–735.
Kurz, M., Piccillo, G. and Wu, H. (2013). ‘Modeling diverse expectations in an aggregated new Keynesian model’, Journal of Economic Dynamics and Control, Vol. 37, pp. 1403–1433.
- Lucas, R. (1976). ‘Econometric policy evaluation: a critique’, Carnegie‐Rochester Conference Series on Public Policy, Vol. 1, pp. 19–46.
Paper not yet in RePEc: Add citation now
Mackowiak, B. and Wiederholt, M. (2009). ‘Optimal sticky prices under rational inattention’, American Economic Review, Vol. 99, pp. 769–803.
Madeira, C. and Zafar, B. (2015). ‘Heterogeneous inflation expectations and learning’, Journal of Money, Credit and Banking, Vol. 47, pp. 867–896.
Mankiw, N., Reis, R. and Wolfers, J. (2003). ‘Disagreement about inflation expectations’, in Gertler M. and Rogoff K. (eds), NBER Macroeconomics Annual 2003, Vol. 18, Cambridge: MIT Press, pp. 209–270.
- Manski, C. and McFadden, D. (1981). ‘Alternative estimators and sample designs for discrete choice analysis’, in Manski C. and McFadden D. (eds), Structural Analysis of Discrete Data, Cambridge: MIT Press.
Paper not yet in RePEc: Add citation now
Matêjka, F. and McKay, A. (2015). ‘Rational inattention to discrete choices: a new foundation for the multinomial logit model’, American Economic Review, Vol. 105, pp. 272–298. January.
Newey, W. and West, K. (1987). ‘A simple, positive semi‐definite, heteroskedasticity and autocorrelation consistent covariance matrix’, Econometrica, Vol. 55, pp. 703–708.
Okuda, T., Tsuruga, T. and Zanetti, F. (2019). Imperfect Information, Shock Heterogeneity, and Inflation Dynamics, Discussion Papers 1918, Centre for Macroeconomics (CFM).
Phillips, A. (1958). ‘The relation between unemployment and the rate of change of money wage rates in the United Kingdom, 1861–1957’, Economica, Vol. 25, pp. 283–299.
Roeger, W. and Herz, B. (2012). ‘Traditional versus new Keynesian Phillips curves: evidence from output effects’, International Journal of Central Banking, Vol. 8, pp. 87–109.
Rudd, J. and Whelan, K. (2006). ‘Can rational expectations sticky‐price models explain inflation dynamics?’, American Economic Review, Vol. 96, pp. 303–320.
Rudd, J. and Whelan, K. (2007). ‘Modeling inflation dynamics: a critical review of recent research’, Journal of Money, Credit and Banking, Vol. 39, pp. 155–170.
- Rudebusch, G. and Svensson, L. (1999). ‘Policy rules for inflation targeting’, in Taylor J. (ed), NBER Chapters in Monetary Policy Rules, Chicago: University of Chicago Press.
Paper not yet in RePEc: Add citation now
- Seber, G. and Wild, C. (2003). Nonlinear Regression, Wiley‐Interscience, Hoboken.
Paper not yet in RePEc: Add citation now
Stock, J. and Watson, M. (1999). ‘Forecasting inflation’, Journal of Monetary Economics, Vol. 44, pp. 293–335.
Stock, J. and Watson, M. (2007). ‘Why has U.S. inflation become harder to forecast?’, Journal of Money, Credit and Banking, Vol. 39, pp. 3–33.
Westerhoff, F. and Reitz, S. (2005). ‘Commodity price dynamics and the nonlinear market impact of technical traders: empirical evidence for the US corn market’, Physica A: Statistical Mechanics and its Applications, Vol. 349, pp. 641–648.
Zanetti, F. (2011). ‘Labor market institutions and aggregate fluctuations in a search and matching model’, European Economic Review, Vol. 55, pp. 644–658.
Zhang, C., Osborn, D. and Kim, D. (2008). ‘The new Keynesian Phillips curve: from sticky inflation to sticky prices’, Journal of Money, Credit and Banking, Vol. 40, pp. 667–699.