Is Inflation Just Around the Corner? The Phillips Curve and Global Inflationary Pressures
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The length of the recovery since the Great Recession and the low reported levels of the unemployment rate in the U.S. are increasingly generating concerns about inflationary pressures. We document that an expectations-augmented Phillips curve can account for inflation not just in the U.S. but across
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美国国家经济研究局创建时间：
2019-02-01
