Forecasting inflation and the Great Recession
Marco Bassetto,
Todd Messer and
Christine Ostrowski
Economic Perspectives, 2013, vol. 37, issue Q III, 79-106
Abstract:
This article shows how the recovery of inflation in 2009-10 occurred precisely at the only time (since 1985) the models would predict disinflation, i.e., inflation went up when the models said it should go down.
Keywords: Inflation (Finance); Recessions (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedhep:y:2013:i:qiii:p:79-106:n:v.37no.3
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