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|c 5.00 USD
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|z 9781451851472
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Prasad, Eswar.
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|a Are Prices Countercyclical? :
|b Evidence From the G-7 /
|c Eswar Prasad, Bankim Chadha.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1994.
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| 300 |
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|a 1 online resource (28 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper re-examines the cyclical behavior of prices using postwar quarterly data for the G-7. We confirm recent evidence that the price level is countercyclical. However, we find strong evidence that the inflation rate is procyclical in our sample. Our results show the importance of making a clear distinction between inflation and the cyclical component of the price level when reporting and interpreting stylized facts regarding business cycles.
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|a Mode of access: Internet
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|a Chadha, Bankim.
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|a IMF Working Papers; Working Paper ;
|v No. 1994/091
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1994/091/001.1994.issue-091-en.xml
|z IMF e-Library
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