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Article

The inflation/output variability trade-off: further evidence

Citation
Cobham D, Macmillan P & McMillan D (2004) The inflation/output variability trade-off: further evidence. Applied Economics Letters, 11 (6), pp. 347-350. https://doi.org/10.1080/1350485042000228178

Abstract
The trade-off between the variability of inflation and that of output is estimated for the UK, using several different approaches to obtain the output gap, and then for a range of other countries; in all cases the trade-off retains the ‘sharp turning point’ found for the UK and US by other authors.

Journal
Applied Economics Letters: Volume 11, Issue 6

StatusPublished
Author(s)Cobham, David; Macmillan, Peter; McMillan, David
Publication date31/12/2004
Publication date online19/08/2006
PublisherTaylor and Francis
ISSN1350-4851
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