 | A Phillips Curve with Anchored Expectations and Short-Term Unemployment Author/Editor: Laurence M Ball, Sandeep Mazumder. Release Date:February, 2015 This paper examines the recent behavior of core inflation in the United States. We specify a simple Phillips curve based on the assumptions that inflation expectations are fully anchored at the more...
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| Inflation Dynamics and the Great Recession Author/Editor: Sandeep Mazumder, Laurence M. Ball. Release Date:June, 2011 This paper examines inflation dynamics in the United States since 1960, with a particular focus on the Great Recession. A puzzle emerges when Phillips curves estimated over 1960-2007 are ussed to more...
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