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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Prasad, Eswar
مؤلفون آخرون: Chadha, Bankim
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