Autor:
Ball, Laurence
Mazumder, Sandeep
For decades, textbooks have explained inflation behavior with Friedman (1968)’s Phillips curve: the inflation rate depends on expected inflation and the deviation of unemployment from its natural rate. Yet this theory has always been controversial, and skepticism has been rampant in the decade si...
Enlace original:
https://repositoriodigital.bcentral.cl/handle/20.500.12580/4880
Ball, Laurence
,
Mazumder, Sandeep
,
[The nonpuzzling behavior of median inflation]
,
The nonpuzzling behavior of median inflation