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The inflation/output variability trade-off: further evidence.

Authors :
Cobham, David
Macmillan, Peter
Mcmillan, David G.
Source :
Applied Economics Letters; 5/15/2004, Vol. 11 Issue 6, p347-350, 4p
Publication Year :
2004

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. [ABSTRACT FROM AUTHOR]

Subjects

Subjects :
PRICE inflation
CONJOINT analysis
PRODUCTION (Economic theory)
ECONOMIC forecasting

Details

Language :
English
ISSN :
13504851
Volume :
11
Issue :
6
Database :
Complementary Index
Journal :
Applied Economics Letters
Publication Type :
Academic Journal
Accession number :
13087729
Full Text :
https://doi.org/10.1080/1350485042000228178
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