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