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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Laxton, Douglas
Muut tekijät: Clark, Peter, Rose, David
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 1995.
Sarja:IMF Working Papers; Working Paper ; No. 1995/076
Linkit:Full text available on IMF