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Will moderating growth reduce inflation?

Kevin Lansing

FRBSF Economic Letter, 2006, issue dec22

Abstract: A much debated question among economists is the usefulness of the Phillips curve as a tool for forecasting inflation. This Economic Letter presents some quantitative comparisons between a Phillips curve-based inflation forecast and an alternative forecast that is constructed as a weighted moving average of past observed rates of inflation.

Keywords: Inflation (Finance); Economic forecasting; Phillips curve (search for similar items in EconPapers)
Date: 2006
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