1978•Journal of money credit and bankingRequires access

Price Level Adjustments and the Rational Expectations Approach to Macroeconomic Stabilization Policy

Bennett T. McCallum

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Abstract

Bennett T. McCallum, Price Level Adjustments and the Rational Expectations Approach to Macroeconomic Stabilization Policy, Journal of Money, Credit and Banking, Vol. 10, No. 4 (Nov., 1978), pp. 418-436

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What this paper is about

Bennett T. McCallum, Price Level Adjustments and the Rational Expectations Approach to Macroeconomic Stabilization Policy, Journal of Money, Credit and Banking, Vol. 10, No. 4 (Nov., 1978), pp. 418-436

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OpenAlex reports 52 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

Bennett T. McCallum, Price Level Adjustments and the Rational Expectations Approach to Macroeconomic Stabilization Policy, Journal of Money, Credit and Banking, Vol. 10, No. 4 (Nov., 1978), pp. 418-436

Key concepts: Rational expectations, Economics, Stabilization policy, Macroeconomics, Monetary policy, Monetary economics, Price level, Econometrics

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