#1984-019A "Tests of Price Sluggishness in the U.K."
by K. Alec Chrystal, and Daniel L. Thornton


No abstract provided. More...

#1984-018A "Money and Disaggregate Supply in the United States, 1950-1982"
by K. Alec Chrystal


The impact of money growth and money growth surprises on real output by sector is investigated. It is shown that money provides a significant contribution to the explanation of the real output cycles in almost all sectors of the U.S. economy. More...

PUBLISHED: European Economic Review, August 1987, 31(6), pp. 1211-28

#1984-017A "What do Almon's Endpoint Constraints Constrain?"
by Daniel L. Thornton, and Dallas S. Batten


In this paper we show that Almon's (1965) endpoint constraints do not constrain the endpoints, as commonly thought. In particular, the endpoints are not constrained to equal zero. More...

PUBLISHED: Communications in Statistics: Simulation and Computation, 1985, pp. 683-90

#1984-016B "Interest Rate Variability and Output: Further Evidence"
by John A. Tatom

Revised 1984

No abstract provided. More...

#1984-015A "A Review of the Performance of a Reduced-Form Macroeconomic Model"
by John A. Tatom


No abstract provided. More...

#1984-014A "Are Energy Prices Cyclical?"
by Mack Ott, and John A. Tatom


No abstract provided. More...

PUBLISHED: Energy Economics, October 1986, 8(4), pp. 227-36

#1984-013A "The Role of Energy in the Productivity Slowdown: A Comment"
by John A. Tatom


No abstract provided. More...

#1984-012A "Agricultural and Financial Market Interdependence: Another View"
by Michael T. Belongia


No abstract provided. More...

#1984-011A "Money and Activity in the U.K. 1961-1983: Surprise? Surprise!"
by K. Alec Chrystal, and David Peel


This is a study of the impact of money growth and money growth surprises on U.K. real activity (GDP and unemployment). We find no support for the 'only surprises have real effects' story except in the1960s when the fixed exchange rate regime makes exogeneity of money questionable. Some support is found for the older monetarist view that lagged actual money growth has real effects. More...

#1984-010A "How Natural is the Natural Rate?"
by K. Alec Chrystal, and Monojit Chatterji


In the last two decades the one macroeconomic concept which has become standard equipment in macroeconomics is the Natural Rate Hypothesis (NRH). The NRH is usually embodied as a vertical aggregate supply curve and forms a cornerstone of the "policy ineffectiveness" proposition. More...