Advanced search
1 file | 324.00 KB

Inflation during times of economic slack and deleveraging : a panel data analysis

Author
Organization
Abstract
Historically, persistent and pronounced economic downturns gave rise to notable falls in the level of inflation but these falls are not observed in the immediate aftermath of the global financial crisis of 2008–2009. This paper analyses inflation dynamics in a cross-country Phillips curve framework while considering credit evolutions and periods of financial stress and documents a flattening of the Phillips curve during economic slack.
Keywords
JEL classifications: E31, E32, E51

Downloads

  • (...).pdf
    • full text
    • |
    • UGent only
    • |
    • PDF
    • |
    • 324.00 KB

Citation

Please use this url to cite or link to this publication:

Chicago
De Schryder, Selien. 2017. “Inflation During Times of Economic Slack and Deleveraging : a Panel Data Analysis.” Oxford Economic Papers-new Series 69 (3): 612–631.
APA
De Schryder, S. (2017). Inflation during times of economic slack and deleveraging : a panel data analysis. OXFORD ECONOMIC PAPERS-NEW SERIES, 69(3), 612–631.
Vancouver
1.
De Schryder S. Inflation during times of economic slack and deleveraging : a panel data analysis. OXFORD ECONOMIC PAPERS-NEW SERIES. 2017;69(3):612–31.
MLA
De Schryder, Selien. “Inflation During Times of Economic Slack and Deleveraging : a Panel Data Analysis.” OXFORD ECONOMIC PAPERS-NEW SERIES 69.3 (2017): 612–631. Print.
@article{8057768,
  abstract     = {Historically, persistent and pronounced economic downturns gave rise to notable falls in the level of inflation but these falls are not observed in the immediate aftermath of the global financial crisis of 2008--2009. This paper analyses inflation dynamics in a cross-country Phillips curve framework while considering credit evolutions and periods of financial stress and documents a flattening of the Phillips curve during economic slack.},
  author       = {De Schryder, Selien},
  issn         = {0030-7653},
  journal      = {OXFORD ECONOMIC PAPERS-NEW SERIES},
  language     = {eng},
  number       = {3},
  pages        = {612--631},
  title        = {Inflation during times of economic slack and deleveraging : a panel data analysis},
  url          = {http://dx.doi.org/10.1093/oep/afw061},
  volume       = {69},
  year         = {2017},
}

Altmetric
View in Altmetric
Web of Science
Times cited: