Improvements in Macroeconomic Stability: The Role of Wages and Prices
Published Date
Copyright 1986
ISBN 0226304523
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Copy CitationJohn B. Taylor, The American Business Cycle: Continuity and Change (University of Chicago Press, 1986), chap. 11, https://www.nber.org/books-and-chapters/american-business-cycle-continuity-and-change/improvements-macroeconomic-stability-role-wages-and-prices.
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Working Paper
This paper compares macroeconomic performance in the United States from 1891 through 1914 with the period after the...