Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
We have succesfully estimated the public's indifference map between inflation and unemployment. The indifference curves are nonlinear and concave to the origin for most unemployment rates; the data are insufficient to permit us to be sure of the form at low unemployment rates. There is clear evidence of honeymoon and Watergate effects and a Reagan as president effect. The public dislikes expected and unexpected inflation equally. Copyright Kluwer Academic Publishers 1989