Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061414 | Economics Letters | 2009 | 5 Pages |
Abstract
Using a recently developed time-series approach, we show that post-WWII US inflation became highly persistent during the 'Great Inflation' period, and then switched back to a low persistence process during 1984, and has remained stationary until the present day.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Antonio E. Noriega, Manuel Ramos-Francia,