Flattening of the Phillips Curve : Implications for Monetary Policy /

Over the past decade, inflation has become less responsive to domestic demand pressures in many industrial countries. This development has been attributed, in part, to globalization forces. A small macroeconomic model, estimated on UK data using Bayesian estimation, is used to analyze the monetary p...

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Bibliografiska uppgifter
Huvudupphovsman: Iakova, Dora
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2007.
Serie:IMF Working Papers; Working Paper ; No. 2007/076
Ämnen:
Länkar:Full text available on IMF