Series: IMF Working Papers
Author(s): Yasser Abdih , Ravi Balakrishnan , and Baoping Shang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 05 July 2016
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...