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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Mazumder, Sandeep
Rannpháirtithe: Ball, Laurence
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2011.
Sraith:IMF Working Papers; Working Paper ; No. 2011/121
Rochtain ar líne:Full text available on IMF