Do financial crises erode potential output? Evidence from OECD inflation responses

被引：10

作者：

Bijapur, Mohan ^{[1
]}

机构：

[1] UEL Royal Docks Business Sch, London E16 2RD, England

来源：

ECONOMICS LETTERS | 2012年 / 117卷 / 03期

关键词：

Financial crisis; Potential output; Inflation; Credit crunch; MONETARY-POLICY; CREDIT CRUNCH;

D O I：

10.1016/j.econlet.2011.12.090

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper presents evidence from a panel investigation of OECD countries that inflationary pressures tend to be stronger during recovery from financial crises compared to recovery from non-crisis economic downturns, indicating impairment in productive potential. (C) 2012 Elsevier B.V. All rights reserved.

引用

页码：700 / 703

页数：4

共 13 条

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