The inflation/output variability trade-off: further evidence

被引:3
|
作者
Cobham, D
Macmillan, P
Mcmillan, DG
机构
[1] Univ Aberdeen, Dept Accounting & Finance, Aberdeen AB24 3QY, Scotland
[2] Univ St Andrews, Dept Econ, St Andrews, Fife, Scotland
关键词
D O I
10.1080/1350485042000228178
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
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页码:347 / 350
页数:4
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