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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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Citations: View citations in EconPapers (2)

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