Are Prices Countercyclical? /
This paper examines the comovement of prices with the cyclical component of output. It argues that determining the cyclical behavior of prices by applying the same stationarity-inducing transformation to the levels of both output and prices, and examining the correlations of the resulting series, ca...
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| Natura: | Periodico |
| Lingua: | English |
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Washington, D.C. :
International Monetary Fund,
1992.
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| Serie: | IMF Working Papers; Working Paper ;
No. 1992/088 |
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| Accesso online: | Full text available on IMF |