Output and inflation co-movement : an update on business-cycle stylized facts /
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Author / Creator: | Andrle, Michal, author, (IMF staff) |
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Imprint: | [Washington, D.C.] : International Monetary Fund, [2016] ©2016 |
Description: | 1 online resource (37 pages) : color illustrations. |
Language: | English |
Series: | IMF working paper ; WP/16/24 IMF working paper ; WP/16/241. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12507748 |
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090 | |a HG3881.5.I58 |b W67 No. 16/24eb | ||
100 | 1 | |a Andrle, Michal, |e author, |e (IMF staff) | |
245 | 1 | 0 | |a Output and inflation co-movement : |b an update on business-cycle stylized facts / |c prepared by Michal Andrle, Jan Brůha, and Serhat Solmaz. |
264 | 1 | |a [Washington, D.C.] : |b International Monetary Fund, |c [2016] | |
264 | 4 | |c ©2016 | |
300 | |a 1 online resource (37 pages) : |b color illustrations. | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b c |2 rdamedia | ||
338 | |a online resource |b cr |2 rdacarrier | ||
490 | 1 | |a IMF working paper ; |v WP/16/24 | |
500 | |a "December 2016." | ||
500 | |a At head of title: International Monetary Fund, Research Department. | ||
504 | |a Includes bibliographical references (pages 22-23). | ||
520 | 3 | |a What are the drivers of business cycle fluctuations? And how many are there? By documenting strong and predictable co-movement of real variables during the business cycle in a sample of advanced economies, we argue that most business cycle fluctuations are driven by one major factor. The positive co-movement of real output and inflation convincingly argues for a demand story. We propose a simple statistic that can compare data and models. Based on this statistic, we show that the recent vintage of structural economic models has difficulties replicating the stylized facts we document. | |
588 | |a Description based on online resource; title from pdf title page (IMF.org Web site, viewed January 5, 2017). | ||
650 | 0 | |a Business cycles. | |
650 | 0 | |a Inflation (Finance) |0 http://id.loc.gov/authorities/subjects/sh85066112 | |
650 | 0 | |a Capital productivity. |0 http://id.loc.gov/authorities/subjects/sh85019948 | |
650 | 6 | |a Cycles économiques. | |
650 | 6 | |a Inflation. | |
650 | 6 | |a Capital |x Productivité. | |
650 | 7 | |a Business cycles. |2 fast |0 (OCoLC)fst00842457 | |
650 | 7 | |a Capital productivity. |2 fast |0 (OCoLC)fst00846385 | |
650 | 7 | |a Inflation (Finance) |2 fast |0 (OCoLC)fst00972450 | |
655 | 4 | |a Electronic books. | |
700 | 1 | |a Brůha, Jan, |e author. | |
700 | 1 | |a Solmaz, Serhat, |e author, |e (World Bank staff) | |
710 | 2 | |a International Monetary Fund, |e publisher. | |
710 | 2 | |a International Monetary Fund. |b Research Department, |e issuing body. | |
776 | 0 | 8 | |i Print Version: |a Andrle, Michal |t Output and Inflation Co-movement: An Update on Business-Cycle Stylized Facts |d Washington, D.C. : International Monetary Fund,2016 |z 9781475560329 |
830 | 0 | |a IMF working paper ; |v WP/16/241. | |
856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2016/241/001.2016.issue-241-en.xml |y INTERNATIONAL MONETARY FUND |
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928 | |t Library of Congress classification |a HG3881.5.I58W67 No. 16/24eb |l Online |c UC-FullText |u http://elibrary.imf.org/view/journals/001/2016/241/001.2016.issue-241-en.xml |z INTERNATIONAL MONETARY FUND |g ebooks |i 12152199 |