Changing inflation dynamics, evolving monetary policy: an overview

Understanding the dynamics of inflation has become an important challenge for both policymakers and researchers over the past decade. Empirical models linking inflation and economic activity—versions of the so-called Phillips curve—have failed to account for the behavior of inflation in many adv...

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Bibliographic Details
Main Authors: Castex, Gonzalo, Galí, Jordi, Saravia, Diego
Format: Artículo
Language:English
Published: Banco Central de Chile 2020
Subjects:
Online Access:https://hdl.handle.net/20.500.12580/4878
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