Are Prices Countercyclical? : Evidence From the G-7 /

Are Prices Countercyclical? : Evidence From the G-7 /

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 clea...

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Bibliografiske detaljer
Hovedforfatter:	Prasad, Eswar
Andre forfattere:	Chadha, Bankim
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 1994.
Serier:	IMF Working Papers; Working Paper ; No. 1994/091
Online adgang:	Full text available on IMF

Lignende værker

Are Prices Countercyclical? /
af: Prasad, Eswar
Udgivet: (1992)

Countercyclical Fiscal Policy and Gender Employment : Evidence from the G-7 Countries /
af: Akitoby, Bernardin
Udgivet: (2019)

Institutionalizing Countercyclical Investment : A Framework for Long-term Asset Owners /
af: Jones, Bradley
Udgivet: (2016)

Fiscal Rules and Countercyclical Policy : Frank Ramsey Meets Gramm-Rudman-Hollings /
af: Tanner, Evan
Udgivet: (2003)

Flexible Fiscal Rules and Countercyclical Fiscal Policy /
af: Guerguil, Martine
Udgivet: (2016)

Conceptual Issues in Calibrating the Basel III Countercyclical Capital Buffer /
af: Wezel, Torsten
Udgivet: (2019)

Countercyclical Macro Prudential Policies in a Supporting Role to Monetary Policy /
af: N'Diaye, Papa
Udgivet: (2009)

Real Exchange Rate Fluctuations and the Business Cycle : Evidence From Japan /
af: Prasad, Eswar
Udgivet: (1996)

Inequality, Transfers and Growth : New Evidence From the Economic Transition in Poland /
af: Prasad, Eswar
Udgivet: (2000)

What Determines the Reservation Wages of Unemployed Workers? : New Evidence From German Micro Data /
af: Prasad, Eswar
Udgivet: (2003)

The Unbearable Stability of the German Wage Structure : Evidence and Interpretation /
af: Prasad, Eswar
Udgivet: (2000)

Currency Unions, Economic Fluctuations, and Adjustment : Some New Empirical Evidence /
af: Prasad, Eswar
Udgivet: (1996)

Price of Risk : Recent Evidence From Large Financials /
af: Singh, Manmohan
Udgivet: (2010)

China and India Learning from Each Other : Reforms and Policies for Sustained Growth /
af: Prasad, Eswar
Udgivet: (2006)

Policy Sequencing Towards Carbon Pricing : Empirical Evidence From G20 Economies and Other Major Emitters /
af: Linsenmeier, Manuel
Udgivet: (2022)

Barriers to Retail Competition and Prices : Evidence From Spain /
af: Hoffmaister, Willy
Udgivet: (2006)

World Commodity Prices as a Forecasting Tool for Retail Prices : Evidence From the United Kingdom /
af: Thornton, John
Udgivet: (1997)

Pricing and Price Regulation
af: Bös, D.
Udgivet: (1994)

Pricing and Price Regulation
af: Bös, D.
Udgivet: (1994)

Commodity Prices and Inflation : Evidence from Seven Large Industrial Countries.
Udgivet: (1989)

Pass-Through of Imported Input Prices to Domestic Producer Prices : Evidence from Sector-Level Data /
af: Ahn, JaeBin
Udgivet: (2016)

Foreign Demand and Local House Prices : Evidence from the US /
af: Puy, Damien
Udgivet: (2020)

Property Prices and Speculative Bubbles : Evidence From Hong Kong SAR /
af: Duenwald, Christoph
Udgivet: (2000)

Oil Prices and Inflation Dynamics : Evidence from Advanced and Developing Economies /
af: Choi, Sangyup
Udgivet: (2017)

The Canadian Labor Market : Developments, Prospects, and Policy /
af: Prasad, Eswar
Udgivet: (1994)

Shocks and Structural Breaks : Labor Market Reforms in the United Kingdom /
af: Prasad, Eswar
Udgivet: (1994)

The Wage-Price Spiral : Industrial Country Evidence and Implications /
af: Kandil, Magda
Udgivet: (2003)

Putting the Cart Before the Horse? : Capital Account Liberalization and Exchange Rate Flexibility in China /
af: Prasad, Eswar
Udgivet: (2005)

The Italian Labor Market : Stylized Facts, Institutions, and Directions for Reform /
af: Prasad, Eswar
Udgivet: (1998)

China's Growth and Integration into the World Economy : Prospects and Challenges /
af: Prasad, Eswar
Udgivet: (2004)

Changes in the Structure of Earnings During the Polish Transition /
af: Prasad, Eswar
Udgivet: (2002)

Modernizing China's Growth Paradigm /
af: Prasad, Eswar
Udgivet: (2006)

Labor Market Aspects of Industrial Restructuring in Canada /
af: Prasad, Eswar
Udgivet: (1993)

Does Openness to International Financial Flows Raise Productivity Growth? /
af: Prasad, Eswar
Udgivet: (2008)

Skill Heterogeneity and Aggregation Bias Over the Business Cycle /
af: Prasad, Eswar
Udgivet: (1995)

Wage Inequality in the United Kingdom, 1975-99 /
af: Prasad, Eswar
Udgivet: (2002)

Consumption and Income Inequality in Poland During the Economic Transition /
af: Prasad, Eswar
Udgivet: (1999)

International Trade and the Business Cycle /
af: Prasad, Eswar
Udgivet: (1999)

International Evidenceon the Determinants of Trade Dynamics /
af: Prasad, Eswar
Udgivet: (1997)

How Do Trade and Financial Integration Affect the Relationship Between Growth and Volatility? /
af: Prasad, Eswar
Udgivet: (2005)