Inflation Dynamics in Advanced Economies : A Decomposition into Cyclical and Non-Cyclical Factors /
Inflation and unemployment rate were largely disconnected between 2000 and 2019 in advanced economies. We decompose core inflation into two parts based on the cyclical sensitivity of CPI components and document several salient facts: (i) both the cyclical and non-cyclical parts had surges across adv...
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| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2022.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 2022/091 |
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| 在线阅读: | Full text available on IMF |