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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| Altri autori: | , |
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1994.
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| Serie: | IMF Working Papers; Working Paper ;
No. 1994/139 |
| Accesso online: | Full text available on IMF |