Do financial crises erode potential output? evidence from OECD inflation responses

This paper presents evidence from a panel investigation of OECD countries that inflationary pressures tend to be stronger during recovery from financial crises compared to recovery from non-crisis economic downturns, indicating impairment in productive potential.

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Year of publication:	2012
Authors:	Bijapur, Mohan
Institutions:	London School of Economics (LSE)
Subject:	financial crisis \| potential output \| inflation \| credit crunch

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Extent:	application/pdf
Series:	LSE Research Online Documents on Economics.
Type of publication:	Book / Working Paper
Notes:	Published in Economics Letters, 2012, 117(3), pp. 700-703. ISSN: 0165-1765
Classification:	E31 - Price Level; Inflation; Deflation ; E32 - Business Fluctuations; Cycles
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011126125