Bordes, Christian; Maveyraud, Samuel - HAL - 2008
This paper o¤ers to investigate both the Friedman's and Mishkin's hypotheses on the consequences of inflation on output …- put gap (US, Japan, France) but has no effect on potential output growth (US excepted) whereas core inflation impacts … countries, we distinguish between short-medium and long run and between headline and core inflation. We get two main results …