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Government Intervention in the Inflation Process: The Econometrics of "Self-Inflicted Wounds"

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NBER1980-09-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w0550
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This paper presents a single reduced-form inflation equation that can explain both the variance and acceleration of inflation during the 1970s.Inflation is explained by four sets of factors. Aggregate demand enters through the lagged output ratio and the growth rate of nominal GNP. The adjustment of
提供机构:
美国国家经济研究局
创建时间:
1980-09-01
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