US price deflation on the way.
The world is on the cusp of an inflation “turning point”, so the standard models are likely to go badly wrong. Recent research with better models suggests that the US inflation rate could become negative within the next 18 months.
Main Authors: | Aron, J, Muellbauer, J |
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Format: | Journal article |
Language: | English |
Published: |
CEPR
2008
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