Board of Governors of the Federal Reserve System

prices and pure inflation since the mid-1990s Hie Joo Ahn and Matteo Luciani...On-the-Job Search Effort Hie Joo Ahn and Ling Shao B.E. Journal of Macroeconomics

The views expressed herein do not necessarily reflect those of the Federal...comparing nominal interest rates to their inflation protected counterparts

compares two groups of observationally equivalent borrowers that took ...3For examples of the first see Barclay and Smith (1995), Guedes and Opler

prices will apparently be under upward price pressures because of adverse...prices in the second half of 1977. Upward price pressures on industrial

in-the-balance/issue3-2013/the-nations-wealth-recovery-since-2009- conceals-vastly-different-balancesheet-realities-among-americas-families...in-the-balance/2013/the-nations-wealth-recovery-since-2009-conceals-vastly-different-balancesheet-realities-among-americas-families

for example, Lo and MacKinlay (1990), Sullivan, Timmermann, and White ...the file-drawer problem,” “re- searcher degrees of freedom,” and “the

and fall at non-offshoring firms who lose market share). Measured productiv...price competitiveness against their offshoring rivals. Our focus in this

price. Figures exclude secondary offerings, employee stock plans, investment

and, in contrast to Europe, Japan was not yet showing signs of acceleration...the Japanese were contemplating only an experimental program, involving

prices to mild price increases; some manufacturers raised prices and some...prices were noted. Manufacturing The manufacturing sector expanded in