Models of Inflation and the Costs of Disinflation /
This paper focuses on the output costs of disinflation. A model of inflation with both forward and backward elements seems to characterize reality. Such an inflation model is estimated using data for industrial countries, and the output costs of a disinflation path are calculated, first analytically...
| Autor principal: | |
|---|---|
| Outros Autores: | , |
| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
1991.
|
| Colecção: | IMF Working Papers; Working Paper ;
No. 1991/097 |
| Acesso em linha: | Full text available on IMF |