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...
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| Další autoři: | , |
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
1995.
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| Edice: | IMF Working Papers; Working Paper ;
No. 1995/076 |
| On-line přístup: | Full text available on IMF |