Has the inflation process changed?

Inflation has been low in many countries for at least a decade. But have inflation processes changed in ways that would help make low inflation permanent? Using both aggregate and disaggregated inflation data, we find that the means of inflation processes have become smaller over the past two decade...

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Veröffentlicht in:	Economic policy 2006-04, Vol.21 (46), p.311-352
Hauptverfasser:	Cecchetti, Stephen G., Debelle, Guy
Format:	Artikel
Sprache:	eng
Schlagworte:	Economic policy Impact analysis Inflation Monetary policy Recessions Studies
Online-Zugang:	Volltext
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