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...
المؤلف الرئيسي: | |
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مؤلفون آخرون: | |
التنسيق: | دورية |
اللغة: | English |
منشور في: |
Washington, D.C. :
International Monetary Fund,
1994.
|
سلاسل: | IMF Working Papers; Working Paper ;
No. 1994/091 |
الوصول للمادة أونلاين: | Full text available on IMF |