EconStor >
Federal Reserve Bank of Boston >
Working Paper Series, Federal Reserve Bank of Boston >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/55645
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorFuhrer, Jeffrey C.en_US
dc.date.accessioned2009-12-10en_US
dc.date.accessioned2012-02-23T08:28:27Z-
dc.date.available2012-02-23T08:28:27Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/55645-
dc.description.abstractThis 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.en_US
dc.language.isoengen_US
dc.publisherFederal Reserve Bank of Boston Boston, MAen_US
dc.relation.ispartofseriesWorking paper series // Federal Reserve Bank of Boston 09-14en_US
dc.subject.jelG1en_US
dc.subject.jelG3en_US
dc.subject.ddc330en_US
dc.subject.stwInflationsrateen_US
dc.subject.stwPhillips-Kurveen_US
dc.subject.stwAutokorrelationen_US
dc.subject.stwSch├Ątzungen_US
dc.subject.stwUSAen_US
dc.titleInflation persistenceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn614766257en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Paper Series, Federal Reserve Bank of Boston

Files in This Item:
File Description SizeFormat
614766257.pdf2.26 MBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.