Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/65744 
Erscheinungsjahr: 
2008
Schriftenreihe/Nr.: 
Cardiff Economics Working Papers No. E2008/7
Verlag: 
Cardiff University, Cardiff Business School, Cardiff
Zusammenfassung: 
It has been widely argued that inflation persistence since WWII has been widespread and durable and that it can only be accounted for by models with a high degree of nominal rigidity. We examine UK post-war data where after confirming previous studies findings of varying persistence due to changing monetary regimes, we find that models with little nominal rigidity are best equipped to explain it.
Schlagwörter: 
inflation persistence
New Keynesian
New Classical
nominal rigidity
monetary regime shifts
JEL: 
E31
E37
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
2.01 MB





Publikationen in EconStor sind urheberrechtlich geschützt.