{"id":"https://openalex.org/W1870969210","doi":"https://doi.org/10.3386/w9174","title":"Coordination, Fair Treatment and Inflation Persistence","display_name":"Coordination, Fair Treatment and Inflation Persistence","publication_year":2002,"publication_date":"2002-09-01","ids":{"openalex":"https://openalex.org/W1870969210","doi":"https://doi.org/10.3386/w9174","mag":"1870969210"},"language":"en","primary_location":{"id":"doi:10.3386/w9174","doi":"https://doi.org/10.3386/w9174","is_oa":true,"landing_page_url":"https://doi.org/10.3386/w9174","pdf_url":"https://doi.org/10.3386/w9174","source":{"id":"https://openalex.org/S2809516038","display_name":"National Bureau of Economic Research","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":["https://openalex.org/P4322614461"],"host_organization_lineage_names":["National Bureau of Economic Research"],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"National Bureau of Economic Research","raw_type":"report"},"volume":null,"type":"report","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.3386/w9174","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5065486633","display_name":"John C. Driscoll","orcid":"https://orcid.org/0000-0003-4376-9162","observed_orcids":["https://orcid.org/0000-0003-4376-9162"]},"institutions":[{"id":"https://openalex.org/I102322142","display_name":"Rutgers, The State University of New Jersey","ror":"https://ror.org/05vt9qd57","country_code":"US","type":"education","lineage":["https://openalex.org/I102322142"]},{"id":"https://openalex.org/I111088046","display_name":"Boston University","ror":"https://ror.org/05qwgg493","country_code":"US","type":"education","lineage":["https://openalex.org/I111088046"]},{"id":"https://openalex.org/I1321305853","display_name":"National Bureau of Economic Research","ror":"https://ror.org/04grmx538","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1321305853"]},{"id":"https://openalex.org/I181233156","display_name":"University of Oregon","ror":"https://ror.org/0293rh119","country_code":"US","type":"education","lineage":["https://openalex.org/I181233156"]},{"id":"https://openalex.org/I184942183","display_name":"University of Oslo","ror":"https://ror.org/01xtthb56","country_code":"NO","type":"education","lineage":["https://openalex.org/I184942183"]},{"id":"https://openalex.org/I27804330","display_name":"Brown University","ror":"https://ror.org/05gq02987","country_code":"US","type":"education","lineage":["https://openalex.org/I27804330"]},{"id":"https://openalex.org/I46510805","display_name":"Federal Reserve Bank of Boston","ror":"https://ror.org/01djrhs97","country_code":"US","type":"other","lineage":["https://openalex.org/I1317239608","https://openalex.org/I46510805"]}],"countries":["NO","US"],"is_corresponding":false,"raw_author_name":"John Driscoll","raw_affiliation_strings":["Brown University University of Oslo Department of Economics Department of Economics Box B Box 1095 Providence , RI 02912 Blindern , 0317 Oslo and NBER Norway","Brown University University of Oslo Department of Economics Department of Economics Box B Box 1095 Providence, RI 02912 Blindern, 0317 Oslo and","NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138","NBER Norway","University of Oregon, the Kiel Institute, the University of Oslo, Rutgers University and NBER Conferences","participants at seminars at Boston University, the Boston Fed, the"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Brown University University of Oslo Department of Economics Department of Economics Box B Box 1095 Providence , RI 02912 Blindern , 0317 Oslo and NBER Norway","institution_ids":["https://openalex.org/I27804330"]},{"raw_affiliation_string":"Brown University University of Oslo Department of Economics Department of Economics Box B Box 1095 Providence, RI 02912 Blindern, 0317 Oslo and","institution_ids":["https://openalex.org/I184942183","https://openalex.org/I27804330"]},{"raw_affiliation_string":"NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138","institution_ids":["https://openalex.org/I1321305853"]},{"raw_affiliation_string":"NBER Norway","institution_ids":["https://openalex.org/I1321305853"]},{"raw_affiliation_string":"University of Oregon, the Kiel Institute, the University of Oslo, Rutgers University and NBER Conferences","institution_ids":["https://openalex.org/I102322142","https://openalex.org/I1321305853","https://openalex.org/I181233156","https://openalex.org/I184942183"]},{"raw_affiliation_string":"participants at seminars at Boston University, the Boston Fed, the","institution_ids":["https://openalex.org/I111088046","https://openalex.org/I46510805"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5014494010","display_name":"Steinar Holden","orcid":"https://orcid.org/0000-0001-7378-8191","observed_orcids":["https://orcid.org/0000-0001-7378-8191"]},"institutions":[{"id":"https://openalex.org/I102322142","display_name":"Rutgers, The State University of New Jersey","ror":"https://ror.org/05vt9qd57","country_code":"US","type":"education","lineage":["https://openalex.org/I102322142"]},{"id":"https://openalex.org/I111088046","display_name":"Boston University","ror":"https://ror.org/05qwgg493","country_code":"US","type":"education","lineage":["https://openalex.org/I111088046"]},{"id":"https://openalex.org/I1321305853","display_name":"National Bureau of Economic Research","ror":"https://ror.org/04grmx538","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1321305853"]},{"id":"https://openalex.org/I181233156","display_name":"University of Oregon","ror":"https://ror.org/0293rh119","country_code":"US","type":"education","lineage":["https://openalex.org/I181233156"]},{"id":"https://openalex.org/I184942183","display_name":"University of Oslo","ror":"https://ror.org/01xtthb56","country_code":"NO","type":"education","lineage":["https://openalex.org/I184942183"]},{"id":"https://openalex.org/I27804330","display_name":"Brown University","ror":"https://ror.org/05gq02987","country_code":"US","type":"education","lineage":["https://openalex.org/I27804330"]},{"id":"https://openalex.org/I46510805","display_name":"Federal Reserve Bank of Boston","ror":"https://ror.org/01djrhs97","country_code":"US","type":"other","lineage":["https://openalex.org/I1317239608","https://openalex.org/I46510805"]}],"countries":["NO","US"],"is_corresponding":false,"raw_author_name":"Steinar Holden","raw_affiliation_strings":["Brown University University of Oslo Department of Economics Department of Economics Box B Box 1095 Providence , RI 02912 Blindern , 0317 Oslo and NBER Norway","OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge , MA 02138","Brown University University of Oslo Department of Economics Department of Economics Box B Box 1095 Providence, RI 02912 Blindern, 0317 Oslo and","NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138","NBER Norway","University of Oregon, the Kiel Institute, the University of Oslo, Rutgers University and NBER Conferences","participants at seminars at Boston University, the Boston Fed, the"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Brown University University of Oslo Department of Economics Department of Economics Box B Box 1095 Providence , RI 02912 Blindern , 0317 Oslo and NBER Norway","institution_ids":["https://openalex.org/I27804330"]},{"raw_affiliation_string":"OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge , MA 02138","institution_ids":["https://openalex.org/I1321305853"]},{"raw_affiliation_string":"Brown University University of Oslo Department of Economics Department of Economics Box B Box 1095 Providence, RI 02912 Blindern, 0317 Oslo and","institution_ids":["https://openalex.org/I184942183","https://openalex.org/I27804330"]},{"raw_affiliation_string":"NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138","institution_ids":["https://openalex.org/I1321305853"]},{"raw_affiliation_string":"NBER Norway","institution_ids":["https://openalex.org/I1321305853"]},{"raw_affiliation_string":"University of Oregon, the Kiel Institute, the University of Oslo, Rutgers University and NBER Conferences","institution_ids":["https://openalex.org/I102322142","https://openalex.org/I1321305853","https://openalex.org/I181233156","https://openalex.org/I184942183"]},{"raw_affiliation_string":"participants at seminars at Boston University, the Boston Fed, the","institution_ids":["https://openalex.org/I111088046","https://openalex.org/I46510805"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":7,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":11,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9667999744415283,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9667999744415283,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.022199999541044235,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10208","display_name":"Labor market dynamics and wage inequality","score":0.005400000140070915,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/inflation-persistence","display_name":"inflation persistence","score":0.9959999918937683},{"id":"https://openalex.org/keywords/coordination-problems","display_name":"coordination problems","score":0.8420000076293945},{"id":"https://openalex.org/keywords/multiple-equilibria","display_name":"multiple equilibria","score":0.9779999852180481},{"id":"https://openalex.org/keywords/fairness-concerns","display_name":"fairness concerns","score":0.6700000166893005},{"id":"https://openalex.org/keywords/wage-determination","display_name":"wage determination","score":0.6179999709129333},{"id":"https://openalex.org/keywords/self-fulfilling-expectations","display_name":"self-fulfilling expectations","score":0.8069999814033508},{"id":"https://openalex.org/keywords/rational-expectations","display_name":"rational expectations","score":0.8090000152587891},{"id":"https://openalex.org/keywords/unemployment-rate","display_name":"unemployment rate","score":0.7580000162124634},{"id":"https://openalex.org/keywords/wage-increases","display_name":"wage growth","score":0.6100000143051147}],"concepts":[{"id":"https://openalex.org/C2781009140","wikidata":"https://www.wikidata.org/wiki/Q7170389","display_name":"Persistence (discontinuity)","level":2,"score":0.766945481300354},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.5817484259605408},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.46263235807418823},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3268203139305115},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.3237234950065613},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.1267654001712799},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.09584483504295349},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C187320778","wikidata":"https://www.wikidata.org/wiki/Q1349130","display_name":"Geotechnical engineering","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.3386/w9174","doi":"https://doi.org/10.3386/w9174","is_oa":true,"landing_page_url":"https://doi.org/10.3386/w9174","pdf_url":"https://doi.org/10.3386/w9174","source":{"id":"https://openalex.org/S2809516038","display_name":"National Bureau of Economic Research","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":["https://openalex.org/P4322614461"],"host_organization_lineage_names":["National Bureau of Economic Research"],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"National Bureau of Economic Research","raw_type":"report"},{"id":"pmh:oai:RePEc:hhs:osloec:2002_025","doi":null,"is_oa":false,"landing_page_url":"http://www.sv.uio.no/econ/english/research/unpublished-works/working-papers/pdf-files/2002/Memo-25-2002.pdf","pdf_url":"http://www.sv.uio.no/econ/english/research/unpublished-works/working-papers/pdf-files/2002/Memo-25-2002.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:econstor.eu:10419/63085","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10419/63085","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"}],"best_oa_location":{"id":"doi:10.3386/w9174","doi":"https://doi.org/10.3386/w9174","is_oa":true,"landing_page_url":"https://doi.org/10.3386/w9174","pdf_url":"https://doi.org/10.3386/w9174","source":{"id":"https://openalex.org/S2809516038","display_name":"National Bureau of Economic Research","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":["https://openalex.org/P4322614461"],"host_organization_lineage_names":["National Bureau of Economic Research"],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"National Bureau of Economic Research","raw_type":"report"},"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.7257999777793884}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W1870969210.pdf","grobid_xml":"https://content.openalex.org/works/W1870969210.grobid-xml"},"referenced_works_count":44,"referenced_works":["https://openalex.org/W59124540","https://openalex.org/W179963684","https://openalex.org/W1493376445","https://openalex.org/W1502173616","https://openalex.org/W1504648287","https://openalex.org/W1513217982","https://openalex.org/W1515760721","https://openalex.org/W1545836810","https://openalex.org/W1561841176","https://openalex.org/W1564595839","https://openalex.org/W1569851657","https://openalex.org/W1577695883","https://openalex.org/W1587744912","https://openalex.org/W1965666958","https://openalex.org/W1987476503","https://openalex.org/W1989102792","https://openalex.org/W1995278743","https://openalex.org/W2023579651","https://openalex.org/W2034851041","https://openalex.org/W2053409600","https://openalex.org/W2088149341","https://openalex.org/W2090148352","https://openalex.org/W2145075570","https://openalex.org/W2145106259","https://openalex.org/W2150775017","https://openalex.org/W2153048466","https://openalex.org/W2161792108","https://openalex.org/W2503141130","https://openalex.org/W2890717445","https://openalex.org/W3011865677","https://openalex.org/W3022808291","https://openalex.org/W3081379015","https://openalex.org/W3122046821","https://openalex.org/W3123935426","https://openalex.org/W3125001395","https://openalex.org/W4210365901","https://openalex.org/W4236766043","https://openalex.org/W4245458201","https://openalex.org/W4247765758","https://openalex.org/W6601657841","https://openalex.org/W6629631487","https://openalex.org/W6634489922","https://openalex.org/W6634560212","https://openalex.org/W7046256088"],"related_works":["https://openalex.org/W2101186116","https://openalex.org/W4210365901","https://openalex.org/W4388551502","https://openalex.org/W3121141170","https://openalex.org/W1994234528","https://openalex.org/W1543531541","https://openalex.org/W1594796122","https://openalex.org/W2095380160","https://openalex.org/W1969999404","https://openalex.org/W2158751704"],"abstract_inverted_index":{"Most":[0],"wage-contracting":[1,33],"models":[2],"with":[3,51],"rational":[4],"expectations":[5,71],"fail":[6],"to":[7,27,62],"replicate":[8],"the":[9,15,25,55,64,75,94],"persistence":[10],"in":[11,14,35],"inflation":[12,29,101],"observed":[13],"data.We":[16],"argue":[17],"that":[18,100],"coordination":[19],"problems":[20],"and":[21,86,110],"multiple":[22],"equilibria":[23,49],"are":[24,38,72],"keys":[26],"explaining":[28],"persistence.We":[30],"develop":[31],"a":[32,46,52],"model":[34,44],"which":[36],"workers":[37,60],"concerned":[39],"about":[40],"being":[41],"treated":[42],"fairly.This":[43],"generates":[45],"continuum":[47],"of":[48,57,78,108],"(consistent":[50],"range":[53],"for":[54],"rate":[56],"unemployment),":[58],"where":[59],"want":[61],"match":[63],"wage":[65,79],"set":[66],"by":[67,119],"other":[68],"workers.If":[69],"workers'":[70],"based":[73],"on":[74,89],"past":[76],"behavior":[77],"growth,":[80],"these":[81,115],"beliefs":[82],"will":[83],"be":[84],"self-fulfilling":[85],"thus":[87],"rational.Based":[88],"quarterly":[90],"U.S.":[91],"data":[92],"over":[93],"period":[95],"1955-2000,":[96],"we":[97],"find":[98],"evidence":[99],"is":[102],"more":[103],"persistent":[104],"between":[105],"unemployment":[106],"rates":[107],"4.7":[109],"6.5":[111],"percent,":[112],"than":[113],"outside":[114],"bounds,":[116],"as":[117],"predicted":[118],"our":[120],"model.":[121]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2014,"cited_by_count":3},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}
