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...

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書目詳細資料
主要作者: Hogan, Vincent
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 1998.
叢編:IMF Working Papers; Working Paper ; No. 1998/145
在線閱讀:Full text available on IMF