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Inflation Dynamics and the Great Recession

Inflation Dynamics and the Great Recession »

Volume/Issue: 2011/121

Series: IMF Working Papers

Author(s): Sandeep Mazumder , and Laurence Ball

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2011

DOI: http://dx.doi.org/10.5089/9781455263387.001

ISBN: 9781455263387

Keywords: Phillips curve, Great Recession, unemployment, actual inflation, monetary policy, inflation dynamics,

This paper examines inflation dynamics in the United States since 1960, with a particular focus on the Great Recession. A puzzle emerges when Phillips curves estimated over 1960-2007 are ussed to predice inflation...

Inflation Dynamics and the Great Recession

Inflation Dynamics and the Great Recession »

Source: Inflation Dynamics and the Great Recession

Volume/Issue: 2011/121

Series: IMF Working Papers

Author(s): Sandeep Mazumder , and Laurence Ball

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2011

ISBN: 9781455263387

Keywords: Phillips curve, Great Recession, unemployment, actual inflation, monetary policy, inflation dynamics,

This paper examines inflation dynamics in the United States since 1960, with a particular focus on the Great Recession. A puzzle emerges when Phillips curves estimated over 1960-2007 are ussed to predice inflation...