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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Laxton, Douglas
Rannpháirtithe: Clark, Peter, Rose, David
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1995.
Sraith:IMF Working Papers; Working Paper ; No. 1995/076
Rochtain ar líne:Full text available on IMF