Explaining the Recent Behavior of Inflation and Unemployment in the United States /

Low rates of inflation have been recorded in recent years, despite a decline in the unemployment rate. This phenomenon could be the result of a series of transitory shocks or of a permanent change in the structure of the economy leading to a lower NAIRU. The paper suggests that, while the NAIRU may...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Hogan, Vincent
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1998.
سلاسل:IMF Working Papers; Working Paper ; No. 1998/145
الوصول للمادة أونلاين:Full text available on IMF