Meenagh, David; Minford, Patrick; Nowell, Eric; Sofat, … - 2008
It has been widely argued that inflation persistence since WWII has been widespread and durable and that it can only be … best equipped to explain it. -- inflation persistence ; New Keynesian ; New Classical ; nominal rigidity ; monetary regime … the Facts of UK Inflation Persistence be Explained by
Nominal Rigidity?
E2008/7
CARDIFF BUSINESS SCHOOL
WORKING PAPER …