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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Laxton, Douglas
Awduron Eraill: Meredith, Guy, Rose, David
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1994.
Cyfres:IMF Working Papers; Working Paper ; No. 1994/139
Mynediad Ar-lein:Full text available on IMF