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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
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Fuhrer, Jeffrey C. | | en_US |
| dc.date.accessioned | | 2009-12-10 | | en_US |
| dc.date.accessioned | | 2012-02-23T08:28:27Z | | - |
| dc.date.available | | 2012-02-23T08:28:27Z | | - |
| dc.date.issued | | 2009 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/55645 | | - |
| dc.description.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. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Federal Reserve Bank of Boston Boston, Mass. | | en_US |
| dc.relation.ispartofseries | | Working paper series // Federal Reserve Bank of Boston 09-14 | | en_US |
| dc.subject.jel | | G1 | | en_US |
| dc.subject.jel | | G3 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.stw | | Inflationsrate | | en_US |
| dc.subject.stw | | Phillips-Kurve | | en_US |
| dc.subject.stw | | Autokorrelation | | en_US |
| dc.subject.stw | | Schätzung | | en_US |
| dc.subject.stw | | USA | | en_US |
| dc.title | | Inflation persistence | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 614766257 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Working Paper Series, Federal Reserve Bank of Boston
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