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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| フォーマット: | 雑誌 |
| 言語: | English |
| 出版事項: |
Washington, D.C. :
International Monetary Fund,
2015.
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| シリーズ: | IMF Working Papers; Working Paper ;
No. 2015/039 |
| オンライン･アクセス: | Full text available on IMF |