Experimental Evidence on the Persistence of Output and Inflation
β Scribed by Klaus Adam
- Book ID
- 111055929
- Publisher
- John Wiley and Sons
- Year
- 2007
- Tongue
- English
- Weight
- 630 KB
- Volume
- 117
- Category
- Article
- ISSN
- 0013-0133
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
## Abstract This paper uses disaggregate inflation data spanning all of consumption to examine: (i) the persistence of disaggregate inflation relative to aggregate inflation; (ii) the distribution of persistence across consumption sectors; and (iii) whether persistence has changed. Assuming mean in
## Abstract We take an agnostic view of the Phillips curve debate, and carry out an empirical investigation of the relative and absolute efficacy of Calvo sticky price (SP), sticky information (SI), and sticky price with indexation models (SPI), with emphasis on their ability to mimic inflationary