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- W3122742424 abstract "This note demonstrates that Bennett McCallum's recent critique of low frequency estimates of macro-economic relationships is of little empirical significance. It also demonstrates that readily available and frequently used techniques can be used to diagnose the problem McCallum raises. Finally, it shows that the standard critique of expectational distributed lags is not warranted once the role of learning by economic agents is recognized." @default.
- W3122742424 created "2021-02-01" @default.
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- W3122742424 date "1984-09-01" @default.
- W3122742424 modified "2023-09-27" @default.
- W3122742424 title "Estimating the Long-Run Relationship Between Interest Rates and Inflation: A Response to McCallum" @default.
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