Did the Global Financial Crisis Break the U.S. Phillips Curve? /

Did the Global Financial Crisis Break the U.S. Phillips Curve? /

Inflation dynamics, as well as its interaction with unemployment, have been puzzling since the Global Financial Crisis (GFC). In this empirical paper, we use multivariate, possibly time-varying, time-series models and show that changes in shocks are a more salient feature of the data than changes in...

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Dettagli Bibliografici
Autore principale:	Laseen, Stefan
Altri autori:	Taheri Sanjani, Marzie
Natura:	Periodico
Lingua:	English
Pubblicazione:	Washington, D.C. : International Monetary Fund, 2016.
Serie:	IMF Working Papers; Working Paper ; No. 2016/126
Accesso online:	Full text available on IMF

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