Add to ORKGIt 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
Following Fuhrer and Moore (1995), several authors have proposed alternative mechanisms to ‘hardwire...
There is much evidence that price-adjustment frequencies vary widely across industries. This paper s...
This paper adopts the impulse-response methodology to understand inflation persistence. It has often...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
This paper adopts the Impulse-Response methodology to under- stand inflation persistence. It has of...
In section two of the thesis the objective is to show that the degree of inflation persistence -- th...
In section two of the thesis the objective is to show that the degree of inflation persistence -- th...
This working paper is produced for discussion purpose only. These working papers are expected to be ...
A large econometric literature has found that post-war US inflation exhibits very high persistence, ...
This paper argues that the parameters of monetary policy rules affect the persistence of inflation ...
This paper estimates a variety of models of inflation using quarterly data for the UK between 1965 ...
It is commonly asserted that inflation is a jump variable in the New Keynesian Phillips curve, and t...
Following Fuhrer and Moore (1995), several authors have proposed alternative mechanisms to ‘hardwire...
There is much evidence that price-adjustment frequencies vary widely across industries. This paper s...
This paper adopts the impulse-response methodology to understand inflation persistence. It has often...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
This paper adopts the Impulse-Response methodology to under- stand inflation persistence. It has of...
In section two of the thesis the objective is to show that the degree of inflation persistence -- th...
In section two of the thesis the objective is to show that the degree of inflation persistence -- th...
This working paper is produced for discussion purpose only. These working papers are expected to be ...
A large econometric literature has found that post-war US inflation exhibits very high persistence, ...
This paper argues that the parameters of monetary policy rules affect the persistence of inflation ...
This paper estimates a variety of models of inflation using quarterly data for the UK between 1965 ...
It is commonly asserted that inflation is a jump variable in the New Keynesian Phillips curve, and t...
Following Fuhrer and Moore (1995), several authors have proposed alternative mechanisms to ‘hardwire...
There is much evidence that price-adjustment frequencies vary widely across industries. This paper s...
This paper adopts the impulse-response methodology to understand inflation persistence. It has often...