Construct · 1 fields · 1 citations

missing disinflation puzzle: a standalone construct

One name. One construct. A landmark on the map.

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missingdisinflation puzzle1 CONSTRUCTMissing disinflationCOIBION · MACROECONOMICS

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Macroeconomics

the puzzle that inflation fell much less than Phillips curve models predicted during deep slack, explained by rising household inflation expectations.

In macroeconomics, missing disinflation puzzle refers to the puzzle that inflation fell much less than Phillips curve models predicted during deep slack, explained by rising household inflation expectations. This meaning comes from Coibion (2015) in American Economic Journal: Macroeconomics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

household inflation expectations1 fields · 1 citationsanchor · a standalone constructinflation3 fields · 4 citationsjingle · one word, three constructsPhillips curve1 fields · 4 citationsanchor · a standalone construct

References

  1. Coibion, O., & Gorodnichenko, Y. (2015). Is the Phillips Curve Alive and Well after All? Inflation Expectations and the Missing Disinflation. American Economic Journal: Macroeconomics, 7(1), 197-232. https://doi.org/10.1257/mac.20130306

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