Understanding the Recent Behavior of U.S. Inflation

One of the most surprising features of the long current expansion has been the decline in price inflation through the late 1990s. Some observers interpret the decline as evidence of a permanent change in the relationship between inflation and economic growth. But an analysis based on a standard forecasting model suggests that conventional economic factors - most notably, a decrease in import prices - can account for the low inflation rates in recent years

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Year of publication:	2005
Authors:	Rich, Robert W. ; Rissmiller, Donald
Publisher:	[S.l.] : SSRN
Subject:	USA \| United States \| Inflation \| Inflationsrate \| Inflation rate \| Geldpolitik \| Monetary policy

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Extent:	1 Online-Ressource (6 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Current Issues in Economics and Finance, Vol. 6, No. 8, July 2000
Classification:	E31 - Price Level; Inflation; Deflation ; E32 - Business Fluctuations; Cycles ; E37 - Forecasting and Simulation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014064931