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The impact of global economies on US inflation: A test of the Phillips curve

Understanding the relationship between employment and inflation is of great interest to policymakers and market participants. This paper introduces a new global inflation measure based on the principal component analysis (PCA) of the inflation rates of major US trade partners. We find that US domest...

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Detalles Bibliográficos
Autores principales: Guirguis, Hany, Dutra, Vaneesha Boney, McGreevy, Zoe
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9162115/
http://dx.doi.org/10.1007/s12197-022-09583-x