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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Laseen, Stefan
مؤلفون آخرون: Taheri Sanjani, Marzie
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2016.
سلاسل:IMF Working Papers; Working Paper ; No. 2016/126
الوصول للمادة أونلاين:Full text available on IMF