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...
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| Andere auteurs: | , |
| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2016.
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| Reeks: | IMF Working Papers; Working Paper ;
No. 2016/124 |
| Online toegang: | Full text available on IMF |