Are Prices Countercyclical? /
This paper examines the comovement of prices with the cyclical component of output. It argues that determining the cyclical behavior of prices by applying the same stationarity-inducing transformation to the levels of both output and prices, and examining the correlations of the resulting series, ca...
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| Format: | Book |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
1992
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| Series: | IMF Working Papers ;
Working Paper No. 92/88 IMF Working Papers; Working Paper ; No. 1992/088 IMF eLibrary |
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