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...
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| Drugi avtorji: | , |
| Format: | Revija |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
1991.
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| Serija: | IMF Working Papers; Working Paper ;
No. 1991/097 |
| Online dostop: | Full text available on IMF |