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This paper examines the recent behavior of core inflation in the United States. We specify a simple Phillips curve based on the assumptions that inflation expec
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This paper examines the recent behavior of core inflation in the United States. We specify a simple Phillips curve based on the assumptions that inflation expec
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Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring t
A Phillips Curve with Anchored Expectations and Short-Term Unemployment
Language: en
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Type: BOOK - Published: 2015-02-25 - Publisher: International Monetary Fund

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