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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Detalhes bibliográficos
Autor principal: Abdih, Yasser
Outros Autores: Balakrishnan, Ravi, Shang, Baoping
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2016.
coleção:IMF Working Papers; Working Paper ; No. 2016/124
Acesso em linha:Full text available on IMF