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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Prasad, Eswar
अन्य लेखक: Chadha, Bankim
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 1994.
श्रृंखला:IMF Working Papers; Working Paper ; No. 1994/091
ऑनलाइन पहुंच:Full text available on IMF