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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Laxton, Douglas
מחברים אחרים: Clark, Peter, Rose, David
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 1995.
סדרה:IMF Working Papers; Working Paper ; No. 1995/076
גישה מקוונת:Full text available on IMF