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...
मुख्य लेखक: | |
---|---|
अन्य लेखक: | |
स्वरूप: | पत्रिका |
भाषा: | English |
प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2015.
|
श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2015/039 |
ऑनलाइन पहुंच: | Full text available on IMF |