What is Keeping U.S. Core Inflation Low : Insights from a Bottom-Up Approach /

Over the past two decades, U.S. core PCE goods and services inflation have evolved differently. Against the backdrop of global concerns of low inflation, we use this trend as motivation to develop a bottom-up model of U.S. inflation. We find that domestic forces play a larger role relative to foreig...

Повний опис

Бібліографічні деталі
Автор: Abdih, Yasser
Інші автори: Balakrishnan, Ravi, Shang, Baoping
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2016.
Серія:IMF Working Papers; Working Paper ; No. 2016/124
Онлайн доступ:Full text available on IMF