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

Bijapur, Mohan (2012) Do financial crises erode potential output? evidence from OECD inflation responses. Economics Letters, 117 (3). pp. 700-703. ISSN 0165-1765
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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.
Item Type Article
Keywords financial crisis,potential output,inflation,credit crunch
Departments Economics
DOI 10.1016/j.econlet.2011.12.090
Date Deposited 01 May 2014 08:25
URI https://researchonline.lse.ac.uk/id/eprint/56616

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