Speed Limit and Asymmetric Inflation Effects from the Output Gap in the Major Seven Economies

@inproceedings{Turner2004SpeedLA,
  title={Speed Limit and Asymmetric Inflation Effects from the Output Gap in the Major Seven Economies},
  author={Dave Turner},
  year={2004}
}
Asymmetric effects from positive and negative output gaps on inflation . '. . . . . . . 63 Allowing for possible mismeasurement of the gap . . . . . . . . . . . . . . . . . . . . . . . 64 An illustrative example . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66 Summary and policy implications. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 Annex 1. Algebraic proofs… CONTINUE READING