; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "A Classical Macroeconomic Model for the United States"; ; "batchuser@example.com"; "Sargent, Thomas J."; "Federal Reserve Bank of Minneapolis"; "Postwar United States", "Natural unemployment rate", "Rational expectations theory", "Post-1945", "Montarist model"; "E24 - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity", "E17 - General Aggregative Models: Forecasting and Simulation: Models and Applications"; "A statistical definition of the natural unemployment rate hypothesis is advanced and tested. A particular illustrative structural macroeconomic model satisfying the definition is set forth and estimated. The model has \"classical\" policy implications, implying a number of neutrality propositions asserting the invariance of the conditional means of real variables with respect to the feedback rule for the money supply. The aim is to test how emphatically the data reject a model incorporating rather severe \"classical\" hypotheses."^^; "1975-09"; "2018-03-13T20:26:43.507484459+00:00"^^; ; "19760400jpe8402"; "https://creativecommons.org/licenses/by-nc/4.0/"; "2019-07-11T18:33:11.353023965+00:00"^^; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "692"; "Working paper (Federal Reserve Bank of Minneapolis. Research Department)"; "022"; "Postwar United States", "Rational expectations theory", "Montarist model", "Post-1945", "Natural unemployment rate"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; "Published in _Journal of Political Economy_ (Vol. 84, No. 2, April 1976, pp. 207-238), https://www.jstor.org/stable/1831898."^^; ; "Publication" . ; .