Construct · 1 fields · 1 citations

price puzzle: a standalone construct

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

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Monetary economics

the finding in vector autoregressions that a monetary tightening is followed by a rise rather than a fall in the price level.

In monetary economics, price puzzle refers to the finding in vector autoregressions that a monetary tightening is followed by a rise rather than a fall in the price level. This meaning comes from Sims (1992) in European Economic Review.[1]

Unit
Recovery means
Measured by

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Nearby constructs

fall2 fields · 3 citationsjingle · one word, two constructs level1 fields · 1 citationsanchor · a standalone construct vector3 fields · 3 citationsjingle · one word, three constructs

References

Sims, C. A. (1992). Interpreting the macroeconomic time series facts. European Economic Review, 36(5), 975-1000. https://doi.org/10.1016/0014-2921(92)90041-t

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