The cyclical behavior of prices and inflation
<p> This paper documents business cycle facts of prices and the inflation rate for the United States from 1959:Q1 to 2013:Q3. Prices are countercyclical and the inflation rate is procyclical. In addition, prices lead the overall cycle by two quarters and the inflation rate lags the overall cyc...
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| Language: | EN |
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University of Missouri - Columbia
2016
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| Online Access: | http://pqdtopen.proquest.com/#viewpdf?dispub=10178996 |