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Replication data for: Is There a Trade-Off between Inflation and Output Stabilization?

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DOI
https://doi.org/10.3886/E114268
Version
V0
Resource Type
Dataset
Creator
  • Justiniano, Alejandro
  • Primiceri, Giorgio E.
  • Tambalotti, Andrea
Publication Date
2013-04-01
Description

  • Abstract

    We find that the answer is no in an estimated DSGE model of the US economy in which exogenous movements in workers' market power are not a major driver of observed economic fluctuations. If they are, the tension between the conflicting stabilization objectives of monetary policy increases, but with negligible effects on the equilibrium behavior of the economy under optimal policy. (JEL E12, E23, E24, E31, E32, E52)
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/mac.5.2.1 (Text)
Publications
  • Justiniano, Alejandro, Giorgio E Primiceri, and Andrea Tambalotti. “Is There a Trade-Off between Inflation and Output Stabilization?” American Economic Journal: Macroeconomics 5, no. 2 (April 2013): 1–31. https://doi.org/10.1257/mac.5.2.1.
    • ID: 10.1257/mac.5.2.1 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-13

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Justiniano, Alejandro; Primiceri, Giorgio E.; Tambalotti, Andrea (2013): Replication data for: Is There a Trade-Off between Inflation and Output Stabilization?. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E114268