Do financial crises erode potential output? Evidence from OECD inflation responses

This paper presents evidence from a panel investigation of OECD countries that inflationary pressures tend to be stronger during recovery from financial crises compared to recovery from non-crisis economic downturns, indicating impairment in productive potential.

MoreLess

Year of publication:	2012
Authors:	Bijapur, Mohan
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 117.2012, 3, p. 700-703
Publisher:	Elsevier
Subject:	Financial crisis \| Potential output \| Inflation \| Credit crunch

More details

Type of publication:	Article
Classification:	E31 - Price Level; Inflation; Deflation ; E32 - Business Fluctuations; Cycles
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010594181