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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Laseen, Stefan
Tác giả khác: Taheri Sanjani, Marzie
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2016.
Loạt:IMF Working Papers; Working Paper ; No. 2016/126
Truy cập trực tuyến:Full text available on IMF