A Phillips Curve with Anchored Expectations and Short-Term Unemployment /

This paper examines the recent behavior of core inflation in the United States. We specify a simple Phillips curve based on the assumptions that inflation expectations are fully anchored at the Federal Reserve's target, and that labor-market slack is captured by the level of shortterm unemploym...

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Xehetasun bibliografikoak
Egile nagusia: Ball, Laurence
Beste egile batzuk: Mazumder, Sandeep
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2015.
Saila:IMF Working Papers; Working Paper ; No. 2015/039
Sarrera elektronikoa:Full text available on IMF