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.publisher|aFederal Reserve Bank of Boston |cBoston, MAen_US
dc.relation.ispartofseries|aWorking paper series // Federal Reserve Bank of Boston |x09-14en_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.stwSchätzungen_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

Files in This Item:
File
Size





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