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

Selien De Schryder (UGent)
(2017) OXFORD ECONOMIC PAPERS-NEW SERIES. 69(3). p.612-631
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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

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Citation

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MLA
De Schryder, Selien. “Inflation during Times of Economic Slack and Deleveraging : A Panel Data Analysis.” OXFORD ECONOMIC PAPERS-NEW SERIES, vol. 69, no. 3, 2017, pp. 612–31, doi:10.1093/oep/afw061.
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. https://doi.org/10.1093/oep/afw061
Chicago author-date
De Schryder, Selien. 2017. “Inflation during Times of Economic Slack and Deleveraging : A Panel Data Analysis.” OXFORD ECONOMIC PAPERS-NEW SERIES 69 (3): 612–31. https://doi.org/10.1093/oep/afw061.
Chicago author-date (all authors)
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. doi:10.1093/oep/afw061.
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.
IEEE
[1]
S. De Schryder, “Inflation during times of economic slack and deleveraging : a panel data analysis,” OXFORD ECONOMIC PAPERS-NEW SERIES, vol. 69, no. 3, pp. 612–631, 2017.
@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}},
  keywords     = {{JEL classifications: E31,E32,E51}},
  language     = {{eng}},
  number       = {{3}},
  pages        = {{612--631}},
  title        = {{Inflation during times of economic slack and deleveraging : a panel data analysis}},
  url          = {{http://doi.org/10.1093/oep/afw061}},
  volume       = {{69}},
  year         = {{2017}},
}
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