Asymmetry in the U.S. Output-Inflation Nexus : Issues and Evidence /

Asymmetry in the U.S. Output-Inflation Nexus : Issues and Evidence /

This paper presents empirical evidence supporting the proposition that there is a significant asymmetry in the U.S. output-inflation process, which implies that excess demand conditions are much more inflationary than excess supply conditions are disinflationary. The important policy implication of...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur:	Laxton, Douglas
Awduron Eraill:	Clark, Peter, Rose, David
Fformat:	Cylchgrawn
Iaith:	English
Cyhoeddwyd:	Washington, D.C. : International Monetary Fund, 1995.
Cyfres:	IMF Working Papers; Working Paper ; No. 1995/076
Mynediad Ar-lein:	Full text available on IMF

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