Details about Robert G. Murphy

Access statistics for papers by Robert G. Murphy.

Last updated 2025-07-06. Update your information in the RePEc Author Service.

Short-id: pmu16

Working Papers

2016

1. Explaining the Recent Behavior of Inflation in the United States
   EcoMod2016, EcoMod
2. Why Has Inflation Been So Unresponsive to Economic Activity in Recent Years?
   Boston College Working Papers in Economics, Boston College Department of Economics

2015

3. Rational Bias in Inflation Expectations
   Boston College Working Papers in Economics, Boston College Department of Economics View citations (2)
   See also Journal Article Rational Bias in Inflation Expectations, Eastern Economic Journal, Palgrave Macmillan (2018) View citations (4) (2018)

2014

4. Explaining Inflation in the Aftermath of the Great Recession
   Boston College Working Papers in Economics, Boston College Department of Economics View citations (20)
   See also Journal Article Explaining inflation in the aftermath of the Great Recession, Journal of Macroeconomics, Elsevier (2014) View citations (22) (2014)

2006

5. Government Policy and the Effectiveness of Foreign Aid
   Boston College Working Papers in Economics, Boston College Department of Economics View citations (8)

1999

6. What's Behind the Decline in the NAIRU?
   Boston College Working Papers in Economics, Boston College Department of Economics View citations (3)

1998

7. Accounting for the Recent Decline in the NAIRU
   Boston College Working Papers in Economics, Boston College Department of Economics View citations (4)

1997

8. Household Debt and Aggregate Consumption Expenditures
   Boston College Working Papers in Economics, Boston College Department of Economics View citations (4)

1994

9. Macroeconomic Policy Implications of Oil in Colombia
   Boston College Working Papers in Economics, Boston College Department of Economics View citations (2)
10. The Long-Run Relationship Between Saving And Investment: Stylized Fact Or Fiction?
    Boston College Working Papers in Economics, Boston College Department of Economics

1993

11. Explaining The Term Structure Of Interest Rates: A Panel Data Approach
    Boston College Working Papers in Economics, Boston College Department of Economics
    See also Journal Article Explaining the term structure of interest rates: A panel data approach, Journal of Economics and Business, Elsevier (1996) View citations (3) (1996)
12. Interest Rate Parity And The Exchange Risk Premium: Evidence From Panel Data
    Boston College Working Papers in Economics, Boston College Department of Economics View citations (3)
    See also Journal Article Interest rate parity and the exchange risk premium Evidence from panel data, Economics Letters, Elsevier (1992) View citations (14) (1992)
13. The Relation Between A University's Football Team Record And The Size Of Its Application Pool
    Boston College Working Papers in Economics, Boston College Department of Economics

1990

14. The Terms of Trade, Investment, and the Current Account
    Boston College Working Papers in Economics, Boston College Department of Economics View citations (5)

1988

15. Managing the Dollar: Has the Plaza Agreement Mattered?
    Boston College Working Papers in Economics, Boston College Department of Economics
    See also Journal Article Managing the Dollar: Has the Plaza Agreement Mattered?, Journal of Money, Credit and Banking, Blackwell Publishing (1991) View citations (31) (1991)
16. Stock Prices, Real Exchange Rates and Optimal Capital Accumulation
    Boston College Working Papers in Economics, Boston College Department of Economics
    See also Journal Article Stock Prices, Real Exchange Rates, and Optimal Capital Accumulation, IMF Staff Papers, Palgrave Macmillan (1989) View citations (13) (1989)

1987

17. Inside Money and the Open Economy
    Boston College Working Papers in Economics, Boston College Department of Economics View citations (1)
    See also Journal Article Inside money and the open economy, Journal of International Economics, Elsevier (1989) View citations (2) (1989)
18. Macroeconomic Adjustment Under Alternative Lending Arrangements
    Boston College Working Papers in Economics, Boston College Department of Economics View citations (1)
    See also Journal Article Macroeconomic adjustment under alternative lending arrangements, Journal of Economic Dynamics and Control, Elsevier (1991) View citations (6) (1991)
19. Sector-Specific Capital and Real Exchange Rate Dynamics
    Boston College Working Papers in Economics, Boston College Department of Economics
    See also Journal Article Sector-specific capital and real exchange rate dynamics, Journal of Economic Dynamics and Control, Elsevier (1988) View citations (3) (1988)

Journal Articles

2019

1. Can the Phillips Curve Explain Inflation over the Past Half-Century?
   International Advances in Economic Research, 2019, 25, (2), 137-149

2018

2. Rational Bias in Inflation Expectations
   Eastern Economic Journal, 2018, 44, (1), 153-171 View citations (4)
   See also Working Paper Rational Bias in Inflation Expectations, Boston College Working Papers in Economics (2015) View citations (2) (2015)

2014

3. Explaining inflation in the aftermath of the Great Recession
   Journal of Macroeconomics, 2014, 40, (C), 228-244 View citations (22)
   See also Working Paper Explaining Inflation in the Aftermath of the Great Recession, Boston College Working Papers in Economics (2014) View citations (20) (2014)

1996

4. A Model of Reputation Acquisition in Real Estate Brokerage
   Journal of Housing Economics, 1996, 5, (2), 133-142 View citations (1)
5. Explaining the term structure of interest rates: A panel data approach
   Journal of Economics and Business, 1996, 48, (1), 11-21 View citations (3)
   See also Working Paper Explaining The Term Structure Of Interest Rates: A Panel Data Approach, Boston College Working Papers in Economics (1993) (1993)
6. Time series evidence on the saving-investment relationship
   Applied Economics Letters, 1996, 3, (2), 77-80 View citations (7)

1994

7. The relation between a university's football record and the size of its applicant pool
   Economics of Education Review, 1994, 13, (3), 265-270 View citations (40)

1992

8. Interest rate parity and the exchange risk premium Evidence from panel data
   Economics Letters, 1992, 40, (3), 319-324 View citations (14)
   See also Working Paper Interest Rate Parity And The Exchange Risk Premium: Evidence From Panel Data, Boston College Working Papers in Economics (1993) View citations (3) (1993)

1991

9. Macroeconomic adjustment under alternative lending arrangements
   Journal of Economic Dynamics and Control, 1991, 15, (1), 103-127 View citations (6)
   See also Working Paper Macroeconomic Adjustment Under Alternative Lending Arrangements, Boston College Working Papers in Economics (1987) View citations (1) (1987)
10. Managing the Dollar: Has the Plaza Agreement Mattered?
    Journal of Money, Credit and Banking, 1991, 23, (4), 742-51 View citations (31)
    See also Working Paper Managing the Dollar: Has the Plaza Agreement Mattered?, Boston College Working Papers in Economics (1988) (1988)

1989

11. Import pricing and the trade balance in a popular model of exchange rate determination
    Journal of International Money and Finance, 1989, 8, (3), 345-357 View citations (4)
12. Inside money and the open economy
    Journal of International Economics, 1989, 26, (1-2), 29-51 View citations (2)
    See also Working Paper Inside Money and the Open Economy, Boston College Working Papers in Economics (1987) View citations (1) (1987)
13. Stock Prices, Real Exchange Rates, and Optimal Capital Accumulation
    IMF Staff Papers, 1989, 36, (1), 102-129 View citations (13)
    See also Working Paper Stock Prices, Real Exchange Rates and Optimal Capital Accumulation, Boston College Working Papers in Economics (1988) (1988)

1988

14. Sector-specific capital and real exchange rate dynamics
    Journal of Economic Dynamics and Control, 1988, 12, (1), 7-12 View citations (3)
    See also Working Paper Sector-Specific Capital and Real Exchange Rate Dynamics, Boston College Working Papers in Economics (1987) (1987)

1986

15. Productivity shocks, non-traded goods and optimal capital accumulation
    European Economic Review, 1986, 30, (5), 1081-1095 View citations (35)
16. The expectations theory of the term structure: Evidence from inflation forecasts
    Journal of Macroeconomics, 1986, 8, (4), 423-434 View citations (9)

1985

17. Trade taxes and economic welfare
    Economics Letters, 1985, 18, (4), 373-374 View citations (1)
18. Why do expectations models of the term structure fail?
    Economics Letters, 1985, 19, (3), 257-260

1984

19. Capital mobility and the relationship between saving and investment rates in OECD countries
    Journal of International Money and Finance, 1984, 3, (3), 327-342 View citations (146)

1981

20. An Analysis of Factors Influencing the Level of SDR Holdings in Non-Oil Developing Countries (Analyse des facteurs qui ont une influence sur le niveau des avoirs en DTS des pays en développement non exportateurs de pétrole) (Análisis de los factores que influyen en el nivel de tenencias de DEG de los países en desarrollo no petroleros)
    IMF Staff Papers, 1981, 28, (2), 310-337

1980

21. Asset market approaches to exchange rate determination: A comparative analysis
    Review of World Economics (Weltwirtschaftliches Archiv), 1980, 116, (4), 627-656 View citations (4)