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...

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Detaylı Bibliyografya
Yazar: Mazumder, Sandeep
Diğer Yazarlar: Ball, Laurence
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2011.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2011/121
Online Erişim:Full text available on IMF