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...

Полное описание

Библиографические подробности
Главный автор: Abdih, Yasser
Другие авторы: Balakrishnan, Ravi, Shang, Baoping
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2016.
Серии:IMF Working Papers; Working Paper ; No. 2016/124
Online-ссылка:Full text available on IMF