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The persistence of inflation in the United States [An article from: Journal of Economic Dynamics and Control]
Book Details
Author(s)F. Pivetta, R. Reis
PublisherElsevier
ISBN / ASINB000PDTF0I
ISBN-13978B000PDTF02
MarketplaceFrance 🇫🇷
Description
This digital document is a journal article from Journal of Economic Dynamics and Control, published by Elsevier in 2007. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
Description:
Has the persistence of inflation in the United States changed since 1965? We estimate the persistence of inflation over time using different measures and estimation procedures and we produce confidence intervals for our estimates as well as formal tests of unchanged persistence. We find that inflation persistence has been high and approximately unchanged in the U.S. over our sample period. We reconcile our results with other studies that reached different conclusions.
Description:
Has the persistence of inflation in the United States changed since 1965? We estimate the persistence of inflation over time using different measures and estimation procedures and we produce confidence intervals for our estimates as well as formal tests of unchanged persistence. We find that inflation persistence has been high and approximately unchanged in the U.S. over our sample period. We reconcile our results with other studies that reached different conclusions.
