The supply-side origins of U.S. inflation

In recent years, we have not seen much of a negative correlation between inflation, the time series plotted in figure 1, and measures of resource slack, based on real GDP plotted in figure 2. This flattening of the Phillips curve in many countries across the world has startled monetary policymak...

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Autor principal: Hobijn, Bart
Formato: Artículo
Lenguaje:English
Publicado: Banco Central de Chile 2020
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Acceso en línea:https://hdl.handle.net/20.500.12580/4884
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