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...
| Autor principal: | |
|---|---|
| Otros Autores: | |
| Formato: | Revista |
| Lenguaje: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
1994.
|
| Colección: | IMF Working Papers; Working Paper ;
No. 1994/091 |
| Acceso en línea: | Full text available on IMF |