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...

Description complète

Détails bibliographiques
Auteur principal: Abdih, Yasser
Autres auteurs: Balakrishnan, Ravi, Shang, Baoping
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2016.
Collection:IMF Working Papers; Working Paper ; No. 2016/124
Accès en ligne:Full text available on IMF