Still Minding the Gap-Inflation Dynamics during Episodes of Persistent Large Output Gaps /

Still Minding the Gap-Inflation Dynamics during Episodes of Persistent Large Output Gaps /

This paper studies inflation dynamics during 25 historical episodes in advanced economies where output remained well below potential for an extended period. We find that such episodes generally brought about significant disinflation, underpinned by weak labor markets, slowing wage growth, and, in ma...

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Bibliografiske detaljer
Hovedforfatter:	Meier, Andre
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 2010.
Serier:	IMF Working Papers; Working Paper ; No. 2010/189
Online adgang:	Full text available on IMF

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