The inflation/output variability trade-off: further evidence
The trade-off between the variability of inflation and that of output is estimated for the UK, using several different approaches to obtain the output gap, and then for a range of other countries; in all cases the trade-off retains the 'sharp turning point' found for the UK and US by other authors.
Year of publication: |
2004
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Authors: | Cobham, David ; Macmillan, Peter ; Mcmillan, David |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 11.2004, 6, p. 347-350
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Publisher: |
Taylor & Francis Journals |
Saved in:
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