Why Has Inflation in the United States Remained So Low? : Reassessing the Importance of Labor Costs and the Price of Imports /

This paper examines some of the factors that have been influential in keeping inflation low in the United States during 1995-98, despite strong growth and high levels of employment. Our results identify three important variables: declines in import prices, a slowdown in the growth of nonwage labor c...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Chan-Lau, Jorge
מחברים אחרים: Tokarick, Stephen
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 1999.
סדרה:IMF Working Papers; Working Paper ; No. 1999/149
גישה מקוונת:Full text available on IMF
LEADER 01591cas a2200253 a 4500
001 AALejournalIMF007647
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451856873 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Chan-Lau, Jorge. 
245 1 0 |a Why Has Inflation in the United States Remained So Low? :   |b Reassessing the Importance of Labor Costs and the Price of Imports /  |c Jorge Chan-Lau, Stephen Tokarick. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1999. 
300 |a 1 online resource (23 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper examines some of the factors that have been influential in keeping inflation low in the United States during 1995-98, despite strong growth and high levels of employment. Our results identify three important variables: declines in import prices, a slowdown in the growth of nonwage labor compensation, and a decline in labor costs. We also reassess the role of labor costs and import prices in determining price inflation. 
538 |a Mode of access: Internet 
700 1 |a Tokarick, Stephen. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1999/149 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1999/149/001.1999.issue-149-en.xml  |z IMF e-Library