Output gap measurement and the New Keynesian Phillips curve for China

Postwar U.S. Business Cycles: An Empirical Investigation

Robert J. Hodrick, Edward C. Prescott · Journal of money credit and banking · 1997 · 7.4K citations

Social Sciences, Business Economics, Economics +17

Staggered prices in a utility-maximizing framework

Guillermo A. Calvo · Journal of Monetary Economics · 1983 · 7.4K citations

Business, Business Economics, Economics +10

INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY

Michael Woodford, Carl E. Walsh · Macroeconomic Dynamics · 2005 · 5.8K citations

Social Sciences, Economics, Finance +12

The Science of Monetary Policy: A New Keynesian Perspective

Richard H. Clarida, Mark Gertler · Journal of Economic Literature · 1999 · 5K citations

Social Sciences, Economics, Public Finance +12

Inflation dynamics: A structural econometric analysis

Jordi Galı́, Mark Gertler · Journal of Monetary Economics · 1999 · 3.1K citations · Full text

Social Sciences, Business Economics, Economics +15