Accounting for Post-Crisis Inflation and Employment: A Retro Analysis
收藏NBER2014-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w20707
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What accounts for inflation after 2008? We use the prominent pre-crisis Smets-Wouters (2007) model to address this question. We find that due to price markup shocks alone inflation would have been 1% higher than observed and 0.5% higher that the long-run average. Their standard deviation is similar
2008年后通胀的成因是什么?我们借助危机前广受推崇的Smets-Wouters(2007)模型对该问题展开研究。结果表明,若仅由价格加成冲击(price markup shocks)驱动,通胀率将较实际观测值高出1个百分点,较长期平均水平高出0.5个百分点。此类冲击的标准差水平较为相近。
提供机构:
美国国家经济研究局
创建时间:
2014-12-01



