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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Meredith, Guy
Tác giả khác: Chadha, Bankim, Masson, Paul
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 1991.
Loạt:IMF Working Papers; Working Paper ; No. 1991/097
Truy cập trực tuyến:Full text available on IMF