The inflation/output variability trade-off: further evidence
David Cobham,
Peter Macmillan and
David Mcmillan
Applied Economics Letters, 2004, vol. 11, issue 6, 347-350
Abstract:
The trade-off between the variability of inflation and that of output is estimated for the UK, using several different approaches to obtain the output gap, and then for a range of other countries; in all cases the trade-off retains the 'sharp turning point' found for the UK and US by other authors.
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:11:y:2004:i:6:p:347-350
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DOI: 10.1080/1350485042000228178
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