Inflation Dynamics and the Great Recession /

This paper examines inflation dynamics in the United States since 1960, with a particular focus on the Great Recession. A puzzle emerges when Phillips curves estimated over 1960-2007 are ussed to predice inflation over 2008-2010: inflation should have fallen by more than it did. We resolve this puzz...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Mazumder, Sandeep
مؤلفون آخرون: Ball, Laurence
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2011.
سلاسل:IMF Working Papers; Working Paper ; No. 2011/121
الوصول للمادة أونلاين:Full text available on IMF