@techreport{Fuhrer2009Inflation,
abstract = {This paper examines the concept of inflation persistence in macroeconomic theory. It begins with a definition of persistence, emphasizing the difference between reduced]form and structural persistence. It then examines a number of empirical measures of reduced]form persistence, considering the possibility that persistence may have changed over time. The paper then examines the theoretical sources of persistence, distinguishing gintrinsich from ginheritedh persistence, and deriving a number of analytical results on persistence. It summarizes the implications for persistence from the literatures on gsticky]informationh models, learning models, and so]called gtrend inflation models,h providing some new results throughout.},
address = {Boston, Mass.},
author = {Jeffrey C. Fuhrer},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {G1; G3; 330; Inflationsrate; Phillips-Kurve; Autokorrelation; Sch\"{a}tzung; USA},
language = {eng},
number = {09-14},
publisher = {Federal Reserve Bank of Boston},
title = {Inflation persistence},
type = {Working paper series // Federal Reserve Bank of Boston},
url = {http://hdl.handle.net/10419/55645},
year = {2009}
}
