Asymmetric Effects of Economic Activityon Inflation : Evidence and Policy Implications /

This paper examines the evidence on asymmetries in the effects of activity on inflation. Data for the G-7 countries are found to strongly support the view that the inflation-activity relationship is nonlinear, with high levels of activity raising inflation by more than low levels decrease it. In the...

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Autor principal: Laxton, Douglas
Altres autors: Meredith, Guy, Rose, David
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1994.
Col·lecció:IMF Working Papers; Working Paper ; No. 1994/139
Accés en línia:Full text available on IMF