Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/55645 
Autor:innen: 
Erscheinungsjahr: 
2009
Schriftenreihe/Nr.: 
Working Papers No. 09-14
Verlag: 
Federal Reserve Bank of Boston, Boston, MA
Zusammenfassung: 
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.
JEL: 
G1
G3
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
2.26 MB





Publikationen in EconStor sind urheberrechtlich geschützt.